Asset Management One Co. Ltd.
Asset Management One Co. Ltd. is a Japanese asset management company headquartered in Tokyo with offices in London, New York, Singapore, and Hong Kong. It joined the Net Zero Asset Managers Initiative on 11 December 2020 and its initial target disclosure was published on 1 November 2021.
53% of total AUM
initially committed to be managed in line with net zero
USD $273 billion
currently committed to be managed in line with net zero
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
Target(s):
Portfolio decarbonisation reference target
Portfolio alignment with a 1.5°C scenario where 95% of portfolio is classified as Net Zero, Aligned or Aligning as a proxy for emissions reductions.
GHG scopes included:
We currently include Scope 1 and 2 emissions, and aim to include Scope 3 once data is sufficiently available.
Methodology:
Net Zero Investment Framework
Science Based Target initiative for Financial Institutions
Scenario(s):
IEA’s Sustainable Development Scenario. One of the inputs to determine the portfolio alignment with 1.5°C scenario is based on SDS scenario at this point. When the data vendor updates it to the NZE scenario, Asset Management One will update accordingly.
Additional information
Policy on coal and other fossil fuel investments:
Asset Management One is working on a policy on coal and fossil fuel investment.
Further information:
Target Setting: Asset Management One assess net zero by using portfolio alignment methodology (Net Zero, Aligned, or Aligning), by which we can assess the alignment with 1.5°C scenario of each portfolio company and the portfolio as the aggregate. Also we can assess the situation of each portfolio company including its emission in a holistic and forward-looking way.
http://www.am-one.co.jp/pdf/english/60/210910_AMOne_newsrelease_E.pdf