CTF Life commits to significant GHG emissions reduction by 2029

In Hong Kong SAR, on March 27, 2025, CTF Life announced that its carbon reduction targets have received validation from the Science Based Targets initiative (SBTi). This validation marks a significant step in the company's commitment to decarbonization and aligns with efforts to combat climate change. CTF Life aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 37.8% by the financial year 2029, using the financial year 2023 as a baseline. The company is also focusing on Scope 3 emissions and plans to implement measures across its operations and investment portfolio. CTF Life's strategy includes various approaches to achieving these targets. This involves enhancing energy efficiency in its offices, purchasing renewable energy certificates, and establishing a strong governance structure to drive climate actions. Additionally, CTF Life intends to engage actively with companies in which it invests to encourage them to adopt similar environmentally friendly measures. The announcement aligns with broader corporate responsibility movements and signals CTF Life's commitment to sustainable practices within the financial sector. The initiatives reflect an increasing recognition of the need to address climate challenges, particularly in the context of ongoing discussions around climate finance and investment strategies. In the past year, climate finance discussions at international levels continued to emphasize the substantial gap in funding necessary for climate adaptation and mitigation efforts, especially among developing nations. The focus on private investments for climate finance, while promising, has revealed significant divides between developed and developing countries regarding financial responsibilities and commitments. As CTF Life moves forward with its plans, the successful implementation of its sustainability strategies may provide a template for other corporations within its sector. The outcomes of its emissions reduction commitments could influence stakeholder perceptions and the broader market which is increasingly leaning towards green finance initiatives. CTF Life's engagement with the SBTi demonstrates its desire to not only meet regulatory obligations but also to position itself as a leader in climate responsibility, setting an example for others in the industry.