AIP Management
AIP is a Nordic based investment manager dedicated to investing in the energy transition across Europe and North America. They joined the Net Zero Asset Managers Initiative in December 2023 and made their Initial Target Disclosure in May 2024.
Percentage of assets covered by the Net Zero Asset Managers Commitment Statement
100% of total AUM (USD $3.96 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
Portfolio coverage baseline
100% of of AUM in material sectors is considered net zero, aligned, or aligning.
Engagement threshold baseline
88% of financed emissions net zero or aligned.
Target(s):
Portfolio coverage target
100% at least aligning and 90% at least aligned by 2030.
Engagement threshold target
90% of financed emissions net zero or aligned.
GHG scopes included:
AIP’s commitment incudes scope 1, 2 and 3 of assets.
For AIP Management, the current commitment includes scope 1 and 2. AIP management’s scope 3 will be included once data within this has been improved.
Methodology:
Net Zero Investment Framework
Scenario(s):
AIP Management’s targets have been calculated based on IPCC’s and SBTi’s 1.5°C emissions scenarios.
Additional information
Policy on coal and other fossil fuel investments:
It is AIP Management’s policy not to invest in companies where the business is based on coal and oil activities and companies where more than 50% of the business is based on extraction of tar sand.