Net Zero Asset Managers initiative

Total value of assets committed to net zero through the UN-backed investor initiative swells as it adds another 21 members

Net Zero Asset Managers initiative discloses initial climate targets from signatories, including BlackRock, Vanguard and Danske Bank

But asset management giant stops short of establishing figure as official target, stressing that final investment decisions remain at discretion of its investor clients

Schroders' CEO Peter Harrison tells Net Zero Festival that companies must quickly turn net zero targets into actionable strategies or face mounting pressure from investors