21 July 2021

Major international legal report backs growing institutional investor focus on achieving positive sustainability impacts

New research provides a legal framework for institutional investors internationally as they seek to address key environmental and social sustainability challenges, and sets out the opportunities for policy reform 21 July, LONDON – Freshfields Bruckhaus Deringer (Freshfields) has today released a new report, A Legal Framework for Impact, commissioned by The Generation Foundation, the United…

1 June 2021

UNEP FI and PRI launch joint programme to boost leadership in responsible investing

Geneva, Tuesday 1 June. The UN Environment Programme Finance Initiative (UNEP FI) and the Principles for Responsible Investment (PRI) are today launching a joint programme that will accelerate leadership in responsible investment. The Investment Leadership Programme (ILP) will bring together groups of responsible investors to work on initiatives that are considered ambitious, but not yet…

27 May 2021

Net-Zero Asset Owner Alliance adds 5 new members managing $900 billion

The UN-convened Net-Zero Asset Owner Alliance announced the addition of five new members managing nearly one trillion US dollars of assets between them. UK-based joiners include the country’s largest long-term savings and retirement business, Phoenix Group, the country’s largest life insurer, L&G Group, and Rothesay, the UK’s largest pensions insurance specialist. Germany’s largest pension group…

20 May 2021

New ICAP framework drives investor action on climate crisis, accelerating transition to net-zero

The founding partners of The Investor Agenda released today a new tool to enable institutional investors to step up action to tackle the climate crisis and accelerate the transition to a net-zero economy. The Investor Climate Action Plans (ICAPs) Expectations Ladder and Guidance provides investors with clear expectations for issuing and implementing comprehensive climate action…

14 May 2021

The ASCOR Project: Assessing Sovereign Climate-related Opportunities and Risks

Asset owners, BT Pension Scheme and the Church of England Pensions Board, alongside the UN-convened Net-Zero Asset Owner Alliance (AOA), the Coalition for Environmentally Responsible Economies (Ceres), the Institutional Investors Group on Climate Change (IIGCC), the Principles for Responsible Investment (PRI), the Transition Pathway Initiative (TPI) are, supported by Chronos Sustainability, joining forces to create…

15 April 2021

Net-Zero Asset Owner Alliance’s new tool for asset manager engagement on climate-related proxy voting

The UN-convened Net-Zero Asset Owner Alliance has today released a new resource designed to help asset owners set expectations for, evaluate, and engage with asset managers on their climate-related proxy voting activities. The document, Elevating Climate Diligence on Proxy Voting Approaches: A Foundation for Asset Owner Engagement of Asset Managers, outlines a set of principles…

11 February 2021

UN Secretary General calls Asset Owner Alliance the ‘gold standard for net-zero commitments

UN Secretary-General António Guterres has called on investors who move much of the world’s money to set increasingly ambitious targets and adopt specific plans for achieving net-zero carbon emissions. “The private sector has a crucial role to play in building a more equitable and sustainable world. Our simple objective for 2021 is to make sure…

7 January 2021

Net-Zero Asset Owner Alliance: Statement on the need for a fully developed IEA 1.5°C scenario

As members of the UN-convened Net-Zero Asset Owner Alliance (AoA), we welcome and commend important advancements in the recently-released 2020 World Energy Outlook – in particular, the first-ever inclusion of a net zero by 2050 case to supplement the Sustainable Development Scenario. To help enable a rapid and smooth global transition to net zero emissions by 2050 it is vital that this scenario is expanded into a more robust, comprehensive and central scenario in next year’s iteration of the WEO.

10 December 2020

One Earth Climate Model plots possible course for real economy to meet Paris 1.5 °C scenario

COP26 Champions welcome study as enabling rapid net-zero transition Geneva, 10 December 2020 – Based on the 2019 One Earth Climate Model (OECM) by the Institute for Sustainable Futures at University of Technology Sydney (UTS), Sectoral Pathways to Net Zero maps out possible 1.5 °C pathways for five key high-emitting sectors: energy, utilities, materials in…

18 November 2020

U.N.-convened Net-Zero Asset Owner Alliance adds members managing combined $200 billion assets

The United Nations-convened Net-Zero Asset Owner Alliance has added three new members with combined assets under management (AUM) of $200 billion, committing to transition their investment portfolios to net-zero greenhouse gas emissions by 2050. Announced at the 19th November Race to Zero Dialogues Finance Day, the new members are: Denmark’s P+, Pension Fund for Academics;…

6 November 2020

U.N.-convened Net-Zero Asset Owner Alliance publishes Thermal Coal Position

Members of the 30-strong UN-convened Net-Zero Asset Owner Alliance have published their position on thermal coal, calling for the cancellation of all new thermal coal projects, a phase-out of all unabated existing coal-fired electricity generation and a cessation of the financing, development and planning of further thermal coal power plants. In its Thermal Coal Position,…

13 October 2020

Net-Zero Asset Owner Alliance sets unprecedented 5-year portfolio decarbonization targets

Thirty of the world’s largest investors with $5 trillion assets under management have collectively agreed on concrete portfolio decarbonization targets that follow the Intergovernmental Panel on Climate Change (IPCC) 1.5 °C scenario for the next five years. UN-convened Net-Zero Asset Owner Alliance members will implement deep greenhouse gas (GHG) emissions reductions in the 16% to 29%…

7 October 2020

UK’s largest company pension BT Pension Scheme is 30th Net-Zero Asset Owner Alliance member

BT Pension Scheme (BT PS), the UK’s largest company pension scheme, today becomes the thirtieth member of the UN-convened Net-Zero Asset Owner Alliance, bringing total assets under management to $5 trillion. The announcement came as BT PS said it has committed to an ambitious new goal to achieve net-zero greenhouse gas emissions (scope 1-3 emissions*)…

25 September 2020

Net-Zero Asset Owner Alliance – Sustainable Investment Forum North America

UN-convened Net-Zero Asset Owner Alliance kicks off Sustainable Investment Forum North America Members of the UN-convened Net-Zero Asset Owner Alliance and its Chair, Guenther Thallinger, launched the virtual Sustainable Investment Forum North America (SIF NA) – a collaboration between UNEP FI and Climate Action. The largest climate finance event during New York Climate Week –…

31 August 2020

Cbus is first Australian member of UN-convened Net-Zero Asset Owner Alliance

Australian building and construction industry pension fund Cbus has announced its membership of the UN-convened Net-Zero Asset Owner Alliance. The fund is the first Australian asset owner to join the Alliance, bringing membership to 29 managing nearly US$5 trillion in assets. “Cbus recognizes that to decarbonize the global economy in line with the Paris Agreement…

3 August 2020

The David Rockefeller Fund joins the UN-convened Net-Zero Asset Owner Alliance

The UN-convened Net-Zero Asset Owner Alliance welcomes the David Rockefeller Fund to its membership. The Fund becomes the 28th member of the Alliance, which now has combined assets under management (AUM) of nearly $5 trillion. The Alliance was launched by 12 members with AUM of $2.4 trillion in September 2019. Nili Gilbert, David Rockefeller Fund Trustee &…

13 July 2020

PODCAST episode features A Legal Framework for Impact: AP2’s investment approach

In collaboration with The Generation Foundation and the Principles for Responsible Investment, UNEP FI recently launched the project A Legal Framework for Impact, which aims to make the consideration of sustainability impact in investor decision making a core part of investment activity within the decade. In this episode of the PRI podcast, and the second…