Related Articles
Forward article link
Share PDF with colleagues

Leading asset managers join forces to raise bar on net-zero

Net Zero Asset Managers Initiative signatories doubled in March to use £16.56tn combined AuM to tackle climate change

The world’s two largest asset managers, US powerhouses Vanguard and BlackRock, are among the latest signatories to the Net Zero Asset Managers Initiative, signalling a commitment to steward companies in their portfolios to achieve net-zero emissions by 2050 or sooner. The initiative, which now has £16.56tn of assets under management (AuM) globally, was founded in December 2020 with the aim of creating ‘enhanced commitments’ to realise the goal of net-zero greenhouse gas emissions by 2050 at the latest, while promoting transparency and collaboration. In late March, the initiative announced that 41 asset management firms became signatories, increasing the total number of firms to 73. Asset

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Strong policy push needed to reduce oil and gas demand
14 October 2021
Mismatch between tightening supply and continued demand will result in continued volatility unless action taken on demand side, says IEA report
US to offer up to seven offshore wind leases by 2025
14 October 2021
Government aims to fire up key renewables sector with increased certainty and transparency for potential developers
Lightsource BP solar project to meet steel mill’s power demand
13 October 2021
Solar developer launches largest US onsite solar facility dedicated to a single customer
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
Featured Video