Net Zero Asset Managers initiative triples in assets under management as 43 new asset managers commit to net zero emissions goal
43 new investor signatories to Net Zero Asset Managers initiative will work in collaboration with clients to achieve 2030 emissions reduction targets and reach net zero by 2050 or sooner.
The Net Zero Asset Managers initiative now has a total 73 signatories representing $US32 trillion in assets under management (AUM), 36 per cent of the global total.
Net Zero Asset Managers initiative is now accredited by the UNFCCC Race to Zero campaign.
Asset managers representing over $US22.8 trillion of assets under management (AUM) today announced that they are new signatories to the Net Zero Asset Managers initiative. Following the launch of the initiative in December 2020, 43 additional asset managers are making new, enhanced commitments to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5°C.
The Net Zero Asset Managers initiative now has a total 73 global asset manager signatories, representing $US32 trillion in assets under management, representing more than a third (36 per cent) of the total assets under management across the globe. The breadth of signatories signals the determination of investors to play their part in achieving a net zero and resilient future and the global significance of the Net Zero Asset Managers initiative.