Net- Zero Asset Owner Alliance and Partner Reports
One Earth Climate Model: Sectoral Pathways to Net-Zero Emissions
Commissioned by the UN-convened Net-Zero Asset Owner Alliance and the European Climate Foundation, the One Earth Climate Model (OECM) provides a much-needed roadmap for sectoral decarbonization. By clearly defining scope 3 emissions, while avoiding double-counting, the model and the latest results offer detailed and standardised net-zero pathways for 12 industry sectors. This ground-breaking research, led…
The Future of Investor Engagement: A Call for Systematic Stewardship to Address Systemic Climate Risk
This discussion paper centers on investor engagement in support of the net-zero transition and the need for all institutional investors, especially asset owners, to explore new forms of engagement that accelerate decarbonisation in the real economy. In particular, the paper outlines and addresses the limits to corporate engagement being used alone. Although it is certain…
Target Setting Protocol Second Edition
Aligned with the very latest IPCC SR15 no/low overshoot pathways, the Protocol is intended to guide the Net-Zero Asset Owner Alliance’s members in setting more ambitious climate targets. The updates to the Protocol include: • Expansion of asset classes (target setting on infrastructure) • More ambitious reduction range for sub-portfolio targets • Doubling high-emission sector…
Recommendations for Credible Net-Zero Commitments from Financial Institutions
This paper sets out a high-level framework for what a credible, transparent and comparable 1.5°C science-based commitment looks like and what it will mean for the real economy transition. By defining net-zero, this guidance helps financial institutions achieve consistency in target setting and implementation of their net-zero goals.
Scaling Blended Finance
The UN-convened Net Zero Asset Owner Alliance released the Scaling Blended Finance discussion paper investigating obstacles to investing in climate solutions in emerging markets and arguing that blended finance vehicles can provide the necessary structures to help close the existing funding gaps in climate investment globally. Moreover, the paper lays out the potential solutions for…
Progress Report 2021: Credible Ambition, Immediate Action
The Net-Zero Asset Owner Alliance's inaugural Progress Report summarises the actions, activities and achievements of the Alliance and its members since its establishment in September 2019.
The Net in Net Zero: The role of Negative Emissions in Achieving Climate Alignment for Asset Owners
This Net-Zero Asset Owner Alliance position paper presents the basis for scaling carbon dioxide removal (CDR) solutions, including a mix of land-based carbon sinks, nature-based solutions and technological carbon removal approaches, which are essential for alignment to a 1.5°C pathway.
Discussion Paper on Governmental Carbon Pricing
The UN-convened Net-Zero Asset Owner Alliance recommends strengthening of current carbon-pricing instruments and regulations across global economy. Explicit mechanisms for escalating binding carbon-price floor and ceiling are detailed in this paper, delivered to G7 and G20 policymakers.
Inaugural 2025 Target Setting Protocol
The UN-convened Net-Zero Asset Owner Alliance has released the Inaugural 2025 Target Setting Protocol after consultation on the draft, issued in October 2020. The Protocol explicitly sets out how individual members will set short-term targets, to be achieved in the next five years. Alliance members have used IPCC 1.5oC no- and low-overshoot pathways to inform…
Net-Zero Asset Owner Alliance position on the Coronavirus Recovery
In the recovery from the global coronavirus pandemic, government spending and recovery packages will play a pivotal role in underpinning economies, jobs and people’s livelihoods. These measures, already in the trillions of dollars, need not only to be effective in restarting the economy, but also in creating a sustainable economy of the future. This includes…
Sectoral Pathways to Net-Zero Emissions
In the last year, the world has seen an unprecedented acceleration towards a net-zero economy. Governments, companies, financial institutions, cities and regions are joining forces and ‘racing to zero’, aiming to entirely transform the energy system – in just three decades. To date, more than half of the world’s GDP, or almost USD 46 trillion,…
Alliance Thermal Coal Position
Our foundational commitment as members of the United Nations-convened Net-Zero Asset Owner Alliance (the Alliance) is to fully decarbonize our portfolios to contribute to global efforts to avoid a global average temperature increase above 1.5°C, consistent with our fiduciary duty. This will be achieved by inducing reductions of greenhouse gas emissions from companies in which…
Asset Owner Alliance Working Documents
- Non-commercial Climate Data Providers Overview
- Net-Zero Asset Owner Alliance Renewed Call to Action to Asset Managers for Climate-focused Blended Finance Vehicles
- Net Zero Asset Owner Alliance response to the TCFD public consultation July 2021
- Public Consultation: Net-Zero Asset Owner Alliance Target-Setting Protocol
- Net-Zero Asset Owner Alliance-SBTi Finance Comparison Table
- Net-Zero Asset Owner Alliance’s new tool for asset manager engagement on climate-related proxy voting
- Call for Digital Map for Climate Solutions – tender document
- Net Zero Asset Owner Alliance Climate Blended Finance Vehicles – Call to Action to Asset Managers (February 2021)
- Net Zero Asset Owner Alliance response to TCFD Consultation on “Forward-Looking Financial Metrics” (February 2021)
- Net Zero Asset Owner Alliance Call for Application – Scientific Advisory Body (January 2021)
- Net Zero Asset Owner Alliance open letter to companies in our portfolio holdings (December 2020)
- Methodological Principles: Consolidated feedback received via the ‘Call for Comment’
- Net-Zero Asset Owner Alliance – Live Version 2.0 of Methodological Principles (November 2020)