The UN-convened Net-Zero Asset Owner Alliance released the Alliance 2025 Target Setting Protocol for public consultation on 13 October 2020.
The Alliance is a group of 30 of the world’s largest investors that have committed to reducing carbon emissions in their portfolio – worth over $5 trillion in AUM – net-zero by 2050. They will issue their intermediary targets and report on progress in line with Paris Agreement Article 4.9.
The Protocol explicitly sets out how individual members will set a target, achievable in the next five years. Alliance members have used IPCC 1.5C no and low pathways to inform their targets under the Alliance 2025 Protocol, which carefully balances scientific ambition, active ownership engagement, and divestment constraints.
The Protocol, which gives unprecedented access to the public to comment on an investors target-setting approach, is open for feedback until 13 November 2020. Please provide input through the following form here. Downloadable form available here.
The Protocol is available here.
Please also register for an informational webinar Oct. 21st 4pm CEST, which will walk members of the public through the details of the Protocol and answer questions from attendees.
For media inquiries, please contact: Oliver.Wagg@un.org
For inquiries on the content of the Protocol, please contact: Jesica.Andrews@un.org