Asteria Investment Managers
Asteria Investment Managers is a Swiss impact investor headquartered in Geneva. It joined the Net Zero Asset Managers Initiative on 6 July 2021 and its initial target disclosure was published on 1 May 2022.
100% of total AUM
initially committed to be managed in line with net zero
USD $0.2 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
Portfolio coverage baseline
The assets under management currently meeting the criteria to be considered aligned to net zero represent 70% of total assets.
Portfolio coverage target
100% of assets under management meeting the criteria to be considered aligned with net zero.
GHG scopes included:
Currently Scope 1 and 2. Planning to integrate Scope 3 as soon as coverage is sufficient.
Net Zero Investment Framework
P2 emission pathway of the IPCC 1.5°C report (2018)
Proportion of AUM committed:
Policy on coal and other fossil fuel investments:
Investments in coal activities are excluded at the group level. Activities in fossil fuel (extraction; energy generation, etc) are considered as negative impact and not included in investment equity opportunities. On fixed income we select only green bonds with science-based transitioning strategies.
Asteria’s policy is available here, and covers 100% of Asteria’s AUM
Target setting: Asteria considers its target is consistent with delivering a fair share of the 50% global reduction in CO2 emissions by 2030 as the AUM currently meeting the criteria to be considered aligned to net zero already represent 70% of total assets, aiming to reach 100% by 2030. This is well ahead of the expected deadline of 2040 set out in the PAII Net Zero Investment Framework.