Media Coverage of the Asset Owner Alliance – 2022

Call to Action to Private Market Asset Managers

• Bloomberg: Private Equity Gets CO2 Warning From Investors With $11 Trillion
• New Private Markets: Asset owners set ‘minimum expectations’ for private market firms on decarbonisation
• ESG Clarity: Asset managers must take action to decarbonise private market investments
• ESG Investor: NZAOA Calls on Private Market AMs to Prioritise Climate
• IPE: Net Zero Asset Owners lay out expectations for private markets managers
• Private Equity Wire: Net-Zero Asset Owner Alliance wants PE managers to “raise their level of climate ambition”
• Pensions&Investments: Net-Zero Asset Owner Alliance calls on asset managers to up their climate game

Development and Uptake of Net-Zero-Aligned Benchmarks: A call to action to index providers and asset owners

• Climate Action: Net-Zero Asset Owner Alliance calls for development and uptake of net-zero aligned benchmarks
• Responsible Investor: ESG Round up: AOA call for development of net-zero-aligned benchmarks
• Environmental Finance: Every benchmark should include climate indicators, asset owner alliance says
• BusinessGreen: NZAOA: Net-zero benchmarks needed to keep climate goals on track
• ESG Investor: No Time to Rest in Passive ESG Market
• Investment Week: NZAOA: Net-zero benchmarks needed to keep climate goals on track
• Glasgow News: NZAOA: Net-zero benchmarks needed to keep climate targets on track

Call on Policymakers to Support Scaling Blended Finance

NZAOA Second Progress Report

• Financial Times – Norway oil fund steps up effort on climate pledges as UN meets
• Bloomberg – Investors Commit $7.1 Trillion of Assets in Pursuit of 1.5°C Climate Goal
• Reuters – Net zero investor group members set more short-term emissions targets
• Zonebourse –Les membres du groupe d’investisseurs net zéro se fixent des objectifs d’émissions à plus court terme
• IPE – Asset owners say climate leadership becoming ‘competitive necessity’ for managers
• ESG Clarity – Net-zero asset owners commit $7.1trn to interim targets
• Edie – Investors managing $7.1trn boost long-term net-zero goals with 2025 climate targets
• Insurance Insider  – Net-Zero progress report shows growing commitment to climate targets
• Business Green – ‘Far off track’: NZAOA urges investors and policymakers to accelerate net zero transition ahead of COP27
• Quartz – UNGA heats up
• Responsible Investor – Australia’s CBUS withdraws from UN net-zero alliance due to resource strain
• Wealthx – Investors Commit $7.1 Trillion Of Assets In Pursuit Of Climate Goal
• ESG Investor – Sector-Specific Emissions Data “Insufficient or Non-Existent”

NZAOA Statement on the Draft EU Sustainability Reporting Standards E1 Climate Change

• Impact Investor – Industry bodies seek changes in draft EU Sustainability Reporting Standards 
• ESG Investor – Can Sustainability Standards Minimise Friction and Divergence?

NZAOA Statement on the ISSB Climate Exposure Draft

• Environmental Finance – NZAOA urges ISSB to explicitly recommend ‘net zero’ targets
• Edie – CFOs and banking giants call on ISSB to standardise ‘alphabet soup’ of non-financial disclosure

Gabonese Sovereign Wealth Fund Joins NZAOA

• Responsible Investor – NZAOA welcomes the first African SWF to the ranks, following EM recruitment drive

NZAOA Position Paper on Governmental Carbon Pricing

• Capital Monitor – (Op-ed) NZAOA: Carbon pricing crucial for tackling energy policy trilemma
• Reuters – Global climate goal could be in peril without carbon price reform
• Bloomberg – Carbon Pricing Needs ‘Radical Redesign,’ Says Asset Owner Group
• Impact Alpha – Pricing carbon could succeed where Scope 3 falls short in accounting for emissions
• Carbon Pulse – UN-convened asset owner alliance outlines aims for carbon pricing policy
• IPE – Net-zero asset owners set out principles for carbon policy redesign
• ESG Clarity – Carbon pricing overhaul set out by net-zero asset owners
• BusinessGreen – Feeling bullish: Carbon market tipped for continued growth, but challenges remain
• Responsible Investor – Use carbon pricing revenues to fund Just Transition, says NZAOA
• Environmental Finance – Carbon pricing needs radical redesign, says NZAOA

Statement of Support for the US SEC Proposed Ruling

• ESG Investor – NZAOA Backs US Climate Disclosure Framework

Collaboration Launch with Anthropocene Fixed Income Institute

• Environmental Finance – NZAOA, AFII launch net-zero fixed income collaboration

One Earth Climate Model: Sectoral Pathways to Net-Zero Emissions

• Environmental Finance – GFANZ-backed agriculture decarbonisation path launched
• BusinessGreen – Net zero targets: How to manage the ‘hot air’ to limit global warming
• Energy Monitor – Carbon budgets per sector show investors how to align with 1.5˚C
• ENDS Europe – EU climate and green finance policy too weak to meet Paris goals, scientists warn
• Environmental Finance – Carbon budgets dataset wins investor support
• ESG Investor – Keeping on the Straight and Narrow
• Edie – Boeing’s shareholders push for stronger climate targets on road to net-zero
• CleanTechnica – One Earth Climate Model Shows How To Cut Global Emissions
• Environmental Finance – NZAOA-sponsored research tackles Scope 3 pathways

Statement on the Escalating Energy Security Crisis

• Reuters – Investors urge governments not to ditch climate for energy security
• The Future of Investor Engagement discussion paper
• ESG Investor – ESG Explainer: Engaging with Reality
• ESG Investor – Investors Must Expand Engagement Activities to Keep 1.5°C Alive
• Bloomberg – ESG ‘Engagement’ in Crosshairs of $10 Trillion Asset Owner Group
• Bloomberg Law – A $10.4 Trillion Investor Group Is Ratcheting Up Climate Targets
• Environmental Finance – Re-write rules of engagement, says Net-Zero Asset Owner Alliance
• Pensions expert – Wandsworth weighs up renewables, asset owners demand engagement

Renewed Call to Action to Asset Managers

• Responsible Investor – Access to MDB’s emerging markets data would help asset owners make real economy green investments, says Allianz

Launch of the second edition of the Target Setting Protocol

• Financial Times Adviser – Asset owners pledge to slash emissions
• Financial Times – Influential asset owners group lifts its climate change game
• Reuters – Asset owners pledge to at least halve portfolio emissions by 2030
• Bloomberg Law – A $10.4 Trillion Investor Group Is Ratcheting Up Climate Targets
• Business Green – UN-backed Target Setting Protocol calls on top investors to halve portfolio emissions by 2030
• Environmental Finance – NZAOA aims to halve emissions by 2030
• IPE – Net-zero asset owner group expands protocol to cover infrastructure
• Edie – Aviva Investors to put 1,500 corporates on notice over climate and other ESG issues
• Carbon Brief – McKinsey: $9.2tn a year to reach net-zero emissions by 2050
• Insurance Insider – Net-Zero Asset Owner Alliance members to halve portfolio emissions by 2030
• ESG Investor – Shortcomings in Scope 3 Data Limit Asset Owner Ambition
• Responsible Investor – Without ‘buffer’ on Net Zero commitments members could be forced to divest, Net Zero Asset Owner Alliance warns