Asset Owner Alliance, Climate Change, Industries, Investment, News, Policy, Themes | 29 March 2023

Net-Zero Asset Owner Alliance sets expectations for oil and gas investments and calls on companies and policymakers to align with 1.5C pathways

The Net-Zero Asset Owner Alliance publishes its Position on the Oil and Gas Sector, setting new requirements for members and formulating key expectations for oil and gas companies (produces and consumers) and policymakers.

Asset Owner Alliance, Climate Change, Industries, Investment, Publications, Themes | 29 March 2023

Position on the Oil and Gas Sector

The Net-Zero Asset Owner Alliance's Position on the Oil and Gas Sector sets out clear expectations for the three key stakeholder groups: investors, oil and gas companies, and policymakers. Alliance members shall incorporate the guidelines into their individual internal policies in 12 months following the publication. The expectations for companies and policymakers are directed to these actors as well as to Alliance members, who may use them as guidelines for engagement.

Asset Owner Alliance, Climate Change, Industries, Investment, News, Themes | 13 March 2023

Emerging Markets Transition Investment project outlines principles for localised engagement approaches

The Emerging Markets Transition Investment (EMTI) project, supported by the Net-Zero Asset Owner Alliance, released a second paper in its Code Red! Series. The paper outlines guiding principles for responsible and effective engagement in emerging markets and developing economies.

Banking, Europe, News, Policy, Principles for Responsible Banking | 17 February 2023

UNEP FI reappointed as observer in EU Platform on Sustainable Finance

UNEP FI has been reappointed as an observer in the new mandate EU Platform on Sustainable Finance. This platform seeks to promote dialogue and close cooperation among a wide range of stakeholders from the public and private sector which will be crucial to deliver on the aims of the EU Taxonomy Regulation and ultimately of the European green and the EU climate targets for 2030 and 2050.

Banking, Climate Change, News, Principles for Responsible Banking | 09 February 2023

Principles for Responsible Banking to strengthen climate ambition to meet increased expectations

As the global framework and gold standard for Sustainable Banking, the Principles for Responsible Banking need to continuously evolve in line with increasing ambition and new goals humanity defines. Signatories have made the important decision to strengthen the definition of the Principles’ climate ambition to specify that Signatory Banks, in accordance with the Paris Agreement, are expected to align their portfolios with a 1.5 degrees pathway.