Sustainability - TAM Asset Management

The TAM Sustainability Mission

We are dedicated to combatting climate change

The TAM Sustainability Mission demonstrates our commitment to reducing our environmental impact and inspiring others to do the same. As a firm we have worked towards becoming a certified Carbon Neutral Plus and Carbon Reduced Organisation, and for our clients we offer an initiative that enables them to offset their carbon footprint every year they are invested with us.

What does it all mean?

Carbon Footprint

‘A carbon footprint is the total greenhouse gas emissions caused by an individual, event, organisation, service, place or product, expressed as carbon dioxide equivalent (CO₂e).’

Carbon Neutrality / Net Zero

‘Carbon neutrality is a state of net zero carbon dioxide emissions. Net zero refers to the balance between the amount of greenhouse gas produced and the amount removed from the atmosphere. We reach net zero when the amount we add is no more than the amount taken away.’

Carbon Offset

‘A carbon offset is a reduction or removal of emissions of carbon dioxide or other greenhouse gases made in order to compensate for emissions made elsewhere. Offsets are measured in tonnes of carbon dioxide-equivalent (CO₂e).'

Who are you working with?

TAM are collaborating with Carbon Footprint Ltd, the Quality Assurance Standard (QAS) approved provider of internationally recognised carbon footprint calculators and offset projects to accomplish our mission.

The TAM Net Zero Commitment

We are extremely proud to be one of the first DFMs to become a Carbon Neutral Plus Organisation by offsetting an additional 25% of our total annual carbon footprint. Carbon Footprint Ltd independently audit our annual carbon emissions, which we offset by supporting tree planting projects in the UK, and Verified Carbon Standard (VCS) certified reforestation projects in South America. For every tree planted, a tonne of carbon will also be saved in the Brazilian Amazon.

But we aren't stopping there. We understand the importance of tackling climate change and sustaining our environment for future generations. We want to be part of the solution and becoming carbon neutral was an important part of our mission but it was just the beginning. Whilst we will continue to offset the firm's annual emissions, the ultimate goal is to reduce our carbon footprint altogether. We are delighted to be a Carbon Reduced Organisation for 2022, and are committed to finding new and innovative ways to continue reducing our environmental impact year on year.

The Client Carbon Footprint Commitment

This exciting new client initiative provides TAM GIA and ISA investors with the opportunity to offset their carbon footprint every year they are invested with us. Our clients have shown a growing appetite to reduce the impact of their investments on the environment, and we are pleased to offer a simple and effective initiative that provides them with a material solution.

How does it work?

According to Carbon Footprint Ltd, the average carbon footprint for an individual in the UK is currently 6.2 tonnes which to offset currently costs £55.80 with the VCS certified Global Portfolio project.*

On the client's behalf, TAM will purchase the credits needed to offset their footprint every year and their contribution will support carbon reduction projects across the world, such as funding renewable energy generation or carbon avoidance programmes.

Clients can receive a personalised Carbon Footprint Ltd certiﬁcate each year which will outline their contribution to the VCS Global Portfolio project and illustrate the positive impact that they have made to our environment.

The initiative is completely flexible, clients can pause or cancel their participation at any time by simply getting in touch with us.

*The average carbon footprint and costs to offset each tonne are likely to fluctuate so payments may vary from year to year.

Getting involved

Just like our You Give We Give initiative, it's really simple to join our Client Carbon Footprint Commitment. Clients wishing to participate just need to complete the short application form below and we will take care of the rest!