20 October 2021

Net-Zero Asset Owner Alliance members to cut portfolio emissions 25-30% by 2025

Less than two weeks away from COP26, the UN-Convened Net Zero Asset Owner Alliance launches its inaugural, biennial Progress Report, highlighting that 29 of its member investors have committed to reducing portfolio emissions by 25-30% by 2025 across three asset classes. This range is higher than the targets set by the inaugural Target Setting Protocol,…

15 October 2021

Japanese insurers join UN-convened Net-Zero Asset Owner Alliance; adding $1.4 trillion to AUM

Three Japanese insurance companies joined the UN-convened Net-Zero Asset Owner Alliance, adding a combined US$1.4 trillion to total assets under management (AUM) and total membership of 53. Japan’s Nippon Life, Sumitomo Life, and Meiji Yasuda Life Insurance announced their membership, committing to net-zero portfolios by 2050 and establishing interim targets every five years in line…

30 September 2021

Swiss and French insurance associations become Net-Zero Asset Owner Alliance supporters

The UN-convened Net-Zero Asset Owner Alliance today welcomed the French and Swiss insurance associations as supporting partners. The Swiss Insurance Association (SIA) said in a statement that the long-term orientation of their members’ business models makes it virtually incumbent on insurers to help drive forward sustainability. In their investment policy in particular, the SIA’s member…

23 September 2021

Net-Zero Asset Owner Alliance backs call to scale-up carbon removal from atmosphere

Asset owners must immediately scale investment into impactful carbon management and negative emissions technologies both inside and outside of value chains, according to a new position paper from the UN-convened Net-Zero Asset Owner Alliance. Following the recent special report by the Intergovernmental Panel on Climate Change (IPCC), the Alliance recognizes that fostering rapid and deep…

16 August 2021

New report examines how real estate markets respond to physical impacts of climate risk

Geneva 16 August 2021 – A new report investigating the extent that real estate markets are pricing in risk from the physical impacts of climate change has been published today. In line with increasing investor and regulator requests for forward-looking analyses of assets and portfolios, the authors sought to better understand the variables that can…

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;…