More than 315 signatories
USD 57 trillion in assets under management
The Net Zero Asset Managers initiative is an international group of asset managers committed, consistent with their fiduciary duty to their clients and beneficiaries, to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5 degrees Celsius; and to supporting investing aligned with net zero emissions by 2050 or sooner.
The Net Zero Asset Managers initiative is a formal partner of the UNFCCC’s Race to Zero Campaign.
The Net Zero Asset Managers initiative launched in December 2020 and aims to galvanise the asset management industry to commit to a goal of net zero emissions in order to mitigate financial risk and to maximise long-term value of assets.
The initiative is endorsed by Investor Agenda and governed by six investor networks (listed below) – also referred to as the ‘Network Partners’. The Steering Committee of the Network Partners’ CEOs is responsible for the coordination and implementation of the initiative, which includes ensuring that relevant support is provided to signatories to enable best practice implementation of the commitment.
An Advisory Group of asset manager signatories informs the Steering Committee in its management and coordination of the Net Zero Asset Managers initiative. The current Advisory Group members are: Jean-Jacque Barberis (Amundi), Edward Mason (Generation IM), Fatima Hadj (HSBC), Stephen Beer (Legal & General Investment Management), Daniel Goldman (Clean Energy Ventures), Charles Nguyen (Neuberger Berman), Angus Whiteley (Stafford Capital Partners), Wendy Cromwell (Wellington Management), Lilian Wang (Arisaig Partners), Takeshi Wada (Sumitomo Mitsui Trust Asset Management), Robyn Parkin (Ethical Partners), and Kate Turner (First Sentier).
The initiative is open to any asset manager globally that is also a member of one of the Network Partner networks. For more information on the initiative please contact us.
Net Zero Asset Managers Commitment
What do signatories commit to?
Fossil fuel expectations
Signatories follow guidance provided by their chosen targeting setting methodology