Topic: Asia Investor Group on Climate Change

Net Zero Asset Managers initiative announces 41 new signatories, with sector seeing ‘net zero tipping point’

6 July 2021

  • Net Zero Asset Managers initiative grows to 128 investors managing USD$43 trillion – all committed to net zero goal
  • Momentum galvanised, contributing to ‘net zero tipping point’ as approaching half of all assets across global asset management sector are now part of initiative
  • Signatories to work with clients to reach net zero emissions by 2050 or sooner and set 2030 interim targets
41 leading asset managers, representing USD$6.8 trillion in assets, are today joining the Net Zero Asset Managers initiative.

Over 450 investors managing $41 trillion in assets tell governments to get climate policy right and massive investment will flow

10 June 2021

457 investors managing more than US$41 trillion in assets have released a new joint statement to all world governments urging a global race-to-the-top on climate policy and warning that laggards will miss out on trillions of dollars in investment if they aim too low and move too slow. This represents the largest collective assets under management to sign on to a global investor statement to governments on climate change since the first statement in 2009.

New investor-led engagement program to drive net zero emissions transition in Asian electric utilities

7 June 2021

A new program backed by 13 institutional investors and stewardship service providers, responsible for $8.8 trillion in assets under management or advice, has been launched to engage Asia’s systemically important electric utilities on cutting emissions, strengthening disclosure and improving governance of climate-related risks.

AIGCC to host C-suite climate-investor forum as part of P4G Global Summit Seoul

24 May 2021

The Asia Investor Group on Climate Change (AIGCC) will host a forum as part of the P4G Global Summit Seoul featuring contributions from some of the region’s largest institutional investors about what asset owners and managers can do to address climate change and help accelerate the transition to net zero emissions.

New framework released to drive investor action on the climate crisis and accelerate the transition to a net zero future

20 May 2021

Investors called on to lay out comprehensive Investor Climate Action Plans (ICAPs) in line with reaching the goal of a global net zero emissions economy by 2050 or sooner The founding partners of The Investor Agenda released today a new tool to enable institutional investors to step up action to tackle the climate crisis and accelerate the transition to a net-zero economy.

New US and Japanese 2030 emissions reduction goals accelerate the global race to attract investment in net zero emissions industries and infrastructure

26 April 2021

The global race to attract private capital investment into net zero emissions industries and infrastructure has accelerated after President Biden committed the United States to reduce greenhouse gas emissions by 50-52 per cent from 2005 levels by 2030 and Prime Minister Suga committed Japan to a 46 per cent reduction from 2013 levels, ultimately aiming for 50 per cent below.

The Net Zero Asset Managers initiative grows to 87 investors managing $37 trillion, with the world’s three largest asset managers now committing to net zero goal

21 April 2021

  • Ahead of Earth Day and Leaders Summit on Climate, initiative announces it now includes BlackRock, Vanguard, and State Street Global Advisors
  • Asset managers promise to work with clients to reach net zero emissions by 2050 or sooner and set 2030 emissions reduction targets
More of the world’s largest asset managers announced today that they are joining the Net Zero Asset Managers initiative, a clear sign that the global movement for a net-zero emissions economy is growing stronger and more determined.

‘Race to Zero’ business roundtable to showcase Japanese business and investor climate leadership

15 April 2021

The United Nations COP26 High-Level Champion for Climate Action, Nigel Topping, will convene senior Japanese business leaders at 3pm JST on Monday 19 April for a roundtable event to showcase Japanese business climate leadership and accelerating momentum in the pursuit of the “Race to Zero”, the flagship campaign for mobilising non-state actors to reach net zero by 2050 at the very latest in the run up to the COP26 UN Climate Summit in Glasgow later this year.

Net Zero Asset Managers Initiative Triples in Assets Under Management as 43 New Asset Managers Commit to Net Zero Emissions goal

29 March 2021

  • 43 new investor signatories to Net Zero Asset Managers initiative will work in collaboration with clients to achieve 2030 emissions reduction targets and reach net zero by 2050 or sooner.
  • The Net Zero Asset Managers initiative now has a total 73 signatories representing $US32 trillion in assets under management (AUM), 36 per cent of the global total
  • Net Zero Asset Managers initiative is now accredited by the UNFCCC Race to Zero campaign
Asset managers representing over $US22.8 trillion of assets under management (AUM) today announced that they are new signatories to the Net Zero Asset Managers initiative.

Climate Action 100+ issues its first-ever net zero company benchmark of the world’s largest corporate emitters

22 March 2021

– Benchmark defines key indicators of success for business alignment with a net zero emissions future and goals of the Paris Agreement – Detailed assessments show companies are increasingly making ambitious climate commitments, but now need to deliver – Benchmark sets clear engagement priorities for $54 trillion investor-led initiative to drive faster corporate climate action Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released its first-ever benchmark evaluating the corporate ambition and action of the world’s largest greenhouse gas emitters and other companies with significant opportunity to drive the net zero transition.