Net Zero Asset Managers initiative announces 41 new signatories, with sector seeing ‘tippin point'
Net Zero Asset Managers initiative grows to 128 investors managing $43 trillion – all committed to net zero goal
Momentum galvanised, contributing to ‘net zero tipping point’ with nearly half of all assets across global asset management sector are now part of initiative
Signatories to work with clients to reach net zero emissions by 2050 or sooner and set 2030 interim targets
41 leading asset managers, representing USD$6.8 trillion in assets, are today joining the Net Zero Asset Managers initiative. Among other steps, this will see the investors work with clients to reach net zero emissions alignment across their portfolios by 2050 or sooner and set interim 2030 emissions reduction targets. The additional signatories mean a total 128 investors, collectively managing $43 trillion in assets, are now part of the initiative.