The Net Zero Asset Managers initiative is delivered by six investor networks.
The six Network Partners coordinate the initiative and provide support to signatories, including advice and guidance on best practice for implementation of the commitment. Each Network Partner offers a range of activities to support implementation of the commitment, as part of their broader ongoing efforts to support investors in achieving net zero emissions.
The Network Partners are also responsible for assurance regarding compliance of signatories with the commitment. This includes confirming that methodologies for target setting are science-based and in line with net zero pathways, and ensuring initial disclosures and annual reporting are completed appropriately.
In addition to the implementation support for members offered by each Network Partner, the initiative holds biannual webinars for all investor signatories to the initiative as a forum to share best practice and discuss implementation challenges and solutions.
The management and implementation of NZAM is overseen by the Steering Committee, made up of Network Partner CEOs. The initiative also has an Advisory Group of twelve signatory investors, who work closely with the Network Partners. The Advisory Group is responsible for advising on any proposed changes to the commitment, recommendations on the operation of the initiative and informing the Steering Committee in its management and coordination of the initiative. Advisory Group members serve on a rotational basis, with an initial term of three years.
The current Advisory Group members are: Jean-Jacques Barbéris (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).
Partners
Asia Investment Group on Climate Change
Asia
The Asia Investor Group on Climate Change is an initiative to create awareness and encourage action among Asia’s asset owners and asset managers about the risks and opportunities associated with climate change and low-carbon investing.
The group has more than 70 member organisations, managing US$33 trillion, headquartered in 11 markets across Asia. AIGCC’s focus areas are investor practice and capacity building, stewardship and corporate engagement, and policy engagement.
CDP
Global
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions. Founded in 2000 and working with more than 740 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.
www.cdp.net or follow on Twitter @CDP
Ceres
North America
Ceres is a nonprofit organization working with the most influential capital market leaders to solve the world’s greatest sustainability challenges. Through our powerful networks and global collaborations of investors, companies and nonprofits, we inspire action and drive equitable market-based and policy solutions throughout the economy to build a just and sustainable future. www.ceres.org
IIGCC
Europe
IIGCC brings the investment community together to work towards a net zero and climate resilient future, with over 400 members across 27 countries, representing more than €65 trillion in assets. We create change the world needs by unlocking investor action on climate change.
Our work supports investors in generating returns for clients and beneficiaries, which in turn provides financial wellbeing for future generations. We work with our members to address climate risk and ensure they are well positioned to make the most of investment opportunities offered by climate mitigation and adaptation efforts, ensuring that their investments contribute towards a better world for us all to live in.
Our team supports investors to create practical solutions that can make a real difference in tackling climate change – providing guidance and support on investment practices, policies and corporate behaviours that have real impact and deliver change that the world needs. For more information visit www.iigcc.org.
Investor Group on Climate Change
Australasia
The Investor Group on Climate Change is the leading network for Australian and New Zealand investors to understand and respond to the risks and opportunities of climate change. Our members manage more than $30 trillion globally.
They include our countries’ largest superannuation and retail funds, specialist investors and advisory groups, and their beneficiaries include more than 7.5 million Australians, and millions more New Zealanders. Our focus areas are investor practice, corporate engagement, and policy engagement.
Principles for Responsible Investment
Global
The UN Principles for Responsible Investment (PRI) is an international organization that works to promote the incorporation of environmental, social, and corporate governance factors (ESG) into investment decision-making. Launched in April 2006 with support from the United Nations (UN), the PRI has over 2,700 participating financial institutions, as of August 2021. These institutions participate by becoming signatories to the PRI’s six key principles and then filing regular reports on their progress.
Supporter Organisations
