The $5.1tr investor group pledges to work with asset managers to develop blended finance vehicles that can help spread the risks of investing in nascent green technologies
The move to bring together many of the world's top investors in support of the net zero transition has quickly emerged as a 'gold standard' for how to drive climate action, but how did it come about and what will it do next?
UN-backed Net Zero Asset Owner Alliance argues 'capitalism needs to become more sustainable' as group sets out plans to slash emissions from investment portfolios and step up engagement with carbon intensive sectors
The Net-Zero Asset Owner Alliance, which formed in 2019 at the Climate Action Summit in New York, has today warned companies that failure to respond to its position thermal coal could result in divestment
BT Pension Fund, Church of England, and Allianz among group of major investors collectively pledging to set new five-year emission reduction targets
The UK's largest company pension scheme promises to decarbonise its savers' investments within 15 years as it joins global Net Zero Asset Owner Alliance
Church and Italian insurer are latest to join growing group of world's largest pension funds and insurers committed to fully decarbonising their investments by 2050