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.
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.
Setting resource efficiency and circular economy targets
A more resource-efficient and circular economy is a significant part of the solution to deliver on sustainability goals, including addressing climate…
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.
Sustainable Investment Forum Europe 2023
Hosted by Climate Action and UNEP FI, the 6th Annual Sustainable Investment Forum Europe returns to Paris at the Pullman Paris Eiffel Tower…
A farewell note from PSI Board Chair and Global Sustainability Leader, Karin Greve-Isdahl: We need data, diplomats and optimistic (but stubborn) experts to enable change!
Last month I had my final Board meeting as Chair of the Principles for Sustainable Insurance (PSI). I am profoundly…
Net-Zero Asset Owner Alliance Chair highlights importance of a just energy transition at Munich Security Conference
Opening remarks to the Net-Zero Asset Owner Alliance-hosted roundtable discussion at the Munich Security Conference by Günther Thallinger, Chair of…
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.
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.
The Global Biodiversity Framework – what’s next for financial policy and regulation?
Urgent action by world leaders to halt environmental degradation and biodiversity loss is needed. The WWF Living Planet Report, released…