All members of the Net-Zero Asset Owner Alliance Alliance’s commit to: 1) transitioning their investment portfolios to net-zero greenhouse gas (GHG) emissions by 2050, 2) establishing intermediate targets every five years, and 3) reporting on progress annually. By submitting their data in the Alliance’s reporting cycle, the members meet the third requirement and the Alliance publishes this report to communicate transparently on members’ aggregated data. 

The data presented in the report covers the targets members have set, the implementation of the Alliance’s positions, and the advances members have made while working in the Working Tracks of the Alliance. 

 Some of the most important data points include: 

  • 69 members with US$ 8.4 trillion in AuM have set intermediate climate targets, up from 44 members with $7.1 trillion in AuM in 2022. 
  • 100% coverage has been achieved in terms of proportion of members with intermediate targets who have set them for engagement.  
  • 67 members have set sub-portfolio targets, up from 41 in 2022. These members target, on average, carbon dioxide equivalent (CO2e) reduction ranges of 22%-32% for 2025 and 40%-60% for 2030. 
  • $380.6 billion has been dedicated to investments in climate solutions in 2023 by the Alliance’s members.