2021 ESG Annual Report

Collaborative Engagements

Climate Action 100+ Neuberger Berman is an investor participant of the Climate Action 100+ initiative. 2 Through the Climate Action 100+ initiative, we partner with like-minded investors to work with companies to ensure they take necessary action on climate change. We are the lead investor for an aerospace company and the leading manufacturer of commercial jet transports. In 2021, we engaged with the company, both independently and as the Climate Action 100+ lead investor, and we are pleased with the steps the company has taken toward the oversight of climate issues and disclosure of emissions. The CDP Science-Based Targets Campaign The Science Based Targets initiative (SBTi) is an independent organization that assesses the alignment of emission reduction targets set by companies with the Paris Agreement. We joined the Science-Based Targets (SBT) engagement campaign led by CDP to encourage companies globally to set science-based targets and commit to net-zero emissions by 2050. In 2020, this included being a signatory on letters sent to over 1,800 companies globally. As of September 2021, over 380 companies included in the campaign have agreed to set science-based targets, while the campaign continues to reach out to the remaining companies.

To see a complete list of our memberships, please see our Stewardship report.

Operating Principles for Impact Management

2 Climate Action 100+ is an investor initiative launched in 2017 to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.

38 2021 ESG ANNUAL REPORT

Made with FlippingBook flipbook maker