22 June 2022

Carbon pricing policy instruments need a radical redesign and competent implementation

22 June 2022, Geneva: Ahead of the G7 Leaders’ Summit in Berlin (26-28 June), a new position paper by the UN-convened Net-Zero Asset Owner Alliance argues that carbon pricing must be supported by a mix of policy instruments including international coalitions to provide predictable price signals to businesses and ensure a just and equitable transition…

17 May 2022

One year on, momentum around Investor Climate Action Plans is growing

 By The Rev. Kirsten Spalding (Ceres) Chair and Rahnuma Chowdhury (UNEP FI) Manager for the Investor Agenda ICAPs Working Group The latest warnings from the world’s leading scientists urge us to take swift action if we have any chance to prevent the worst effects of the climate crisis. Notably, the Intergovernmental Panel on Climate Change…

8 April 2022

Escalating energy security crisis underscores imperative for accelerated net-zero transition

A statement from the UN-convened Net-Zero Asset Owner Alliance: As countries face critical choices in their energy strategies, amid heightened geopolitical tension and a rapidly warming climate, governments must ensure that energy security policies are compatible with net-zero scenarios mapped out by the International Energy Agency (IEA) or the Intergovernmental Panel on Climate Change (IPCC).…

7 April 2022

“Change rules of the game,” asks $10.4trn Net-Zero Asset Owner Alliance in new paper on investor action

The UN-Convened Net-Zero Asset Owner Alliance releases a high-level paper outlining a forward-looking, systematic stewardship approach for investors that seeks to mitigate the existential risk of climate change. This stewardship approach focuses on how investors can leverage multiple tools of engagement to support changes to economic realities that align with a transition to a 1.5C…

29 March 2022

Legal Framework for Impact: The rationale for investing for sustainability impact

Investors have both a profound responsibility and a huge stake in the maintenance of a sound financial system. International frameworks set out the plan to preserve and enhance those systems but the global investment sector is currently not holding up its end of the deal. The project “A Legal Framework for Impact” is clarifying the legal responsibilities of investors to consider the sustainability impact of their decision-making and explains how policymakers can deliver legal frameworks that support sustainable economies.

12 January 2022

Investor Agenda highlights best practices from leading global investors

  To generate worldwide momentum that will lead to more institutional investors implementing bold climate action plans, the Investor Agenda published today a set of case studies highlighting the leading best practices for Investor Climate Action Plans (ICAPs). The ten investors featured in the case studies are from 5 continents and include Allianz (Germany), Aware…

17 December 2021

Blog – Legal Framework for Impact: embedding climate action in financial regulation

By Laxmi Aeshwarya Kumar, Project Specialist, UNEP FI, and Freya Bannochie, Policy Analyst, UK, PRI The COP26 summit in Glasgow has brought the climate crisis sharply into focus. In order to deliver on the Paris Agreement, all factions of industry and society must work together to sufficiently limit global warming to 1.5°C. This year’s COP has…

11 November 2021

Net-Zero Asset Owner Alliance reacts to the draft COP 26 decision text

Upon the release of the draft COP26 decision, Guenther Thallinger, Chair of the UN-convened Net-Zero Asset Owner Alliance, made the following statement: “COP26 can be the start of a multi-year platform for accelerating policy action. The new Glasgow pledges and initiatives do represent progress, yet these are not sufficient to avoid dangerous climate change. Asset…

2 November 2021

Net-Zero Asset Owner Alliance responds to Reclaim Finance report

In response to the Reclaim Finance report, “It’s Not What You Say, It’s What you Do”, the Chair of the UN-convened Net-Zero Asset Owner Alliance Günther Thallinger says: “The Alliance is looking for active and constructive dialogue with civil society so that its members can enable the implementation of the crucial transition to a 1.5°C…

29 October 2021

BLOG: Eric Usher discusses what makes a credible net zero commitment

In the first two blogs in this series, I wrote about the UN Principles for Responsible Banking (PRB) and the ongoing dance between the private and public sector that is ratcheting up sustainability ambitions. Today, I finish up this pre-COP series by considering how significant the net-zero objective has become for the finance industry, and…

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…