Under the 2025 Inaugural Target Setting Protocol, 31 members of the UN-convened Net-Zero Asset Owner Alliance have published first interim targets, outlined in the Credible Ambition, Immediate Action progress report. Alliance members have used IPCC 1.5oC no- and low-overshoot pathways to inform their targets under the Protocol, which carefully balances scientific ambition, active ownership engagement, and divestment constraints.

Net-Zero Asset Owner Alliance Member Targets (2025)

CalPERS

Link to targets

Aegon

Read the statement here

Prudential pls

Read the statement here

Société Générale Assurances

Read the statement here

P+

Read the statement here

KENFO

Read the statement here

Dai-Ichi Life Group

Read the statement here*

*In full alignment with AOA Target Setting Protocol; early submission not included in Progress Report

ERAFP

Read the press release here

CDPQ

Read the statement here

PFA

Read the press release here

FRR

Read the press release here.

Church of England Pensions Board

Read the Stewardship Report here

Alecta

Read Alecta’s statement

Generali

Read Generali’s statement

UN Joint Staff Pension Fund

Read UNJSPF’s statement

AMF

Read AMF’s statement

Nordea

Read Nordea’s statement

SCOR

Read SCOR’s statement

Wespath

Read Wespath’s statement

The David Rockefeller Fund

Read DRF’s statement here

The Church Commissioners for England

Read the Church Commissioners for England’s statement here

PensionDanmark

Read PensionDanmark’s statement

Folksam

Zurich Insurance

Read Zurich’s statement

Caisse des Dépôts

Read CDC’s statement

Danica Pension

Read Danica Pension’s statement.

Swiss Re

Read Swiss Re’s statement

Storebrand

Read Storebrand’s report here

AkademikerPension

Read AkademikerPension’s statement report here (Danish)

Aviva

Read Aviva’s statement

CNP 

Read CNP’s statement 

Read Allianz’s statement

Munich Re

Read Munich Re’s statement

Axa

Read Axa’s statement