Under the 2025 Inaugural Target Setting Protocol, members of the UN-convened Net-Zero Asset Owner Alliance will publish targets in 2021.

Alliance members have used IPCC 1.5C no and low pathways to inform their targets under the Protocol, which carefully balances scientific ambition, active ownership engagement, and divestment constraints.

Please find below information on each member’s 2021 decarbonisation targets with links to information provided by the members.

Net-Zero Asset Owner Alliance Member Targets (2025)

(In chronological order)

Folksam sets new 2025 climate targets for investment portfolios

Zurich Insurance announces 2025 climate goals

Read Zurich’s statement

Danica Pension sets 2025 targets for portfolio emissions

Read Danica Pension’s statement.

AMF announces new climate goals

Read AMF’s statement

Swiss Re announces 2025 climate targets

Read Swiss Re’s statement

Storebrand announces pathway to net-zero emissions

Read Storebrand’s report here

AkademikerPension publishes 2025 reduction target

Read AkademikerPension’s statement report here (Danish)

Aviva announces 2025, 2030 climate targets

Read Aviva’s statement

CNP Assurances sets itself ambitious new targets for 2025

Read CNP’s statement 

Allianz sets climate targets for specific asset classes in its insured portfolio

Read Allianz’s statement

Munich Re’s ‘Ambition 2025’ sets new growth and results targets

Read Munich Re’s statement

Axa reveals climate strategy

Read Axa’s statement