Geneva, October 12 – The UN-convened Net-Zero Asset Owner Alliance has today launched a public consultation on the third version of the Target Setting Protocol (TSP), which outlines the methodologies the 75 members use to develop intermediate climate targets.
The third edition of the TSP will introduce an emission reporting framework for sovereign debt accounting; overarching principles for target setting in private assets; and carbon accounting for direct commercial real estate mortgage loans. The consultation period runs until the end of October.
To increase portfolio coverage, the TSP is expanded and improved annually. A larger portion of members’ AUM is encompassed by concrete decarbonisation targets
The Alliance launches this public consultation to gather views and perspectives on the approaches it has so far considered and endorsed. The consultation will inform the final version of the Protocol, the Alliance’s guiding document on target setting.
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