The Net-Zero Asset Owner Alliance, consisting of 86 institutional investors with $9.5 trillion in assets under management, has implemented key governance updates to support growth and compliance with regulations. Committed to achieving net-zero greenhouse gas emissions by 2050, the Alliance is the first in the financial industry to define intermediate targets and provide annual progress reports. Convened by UNEP FI and PRI, these changes aim to further align portfolios with climate goals and demonstrate leadership in sustainable investing practices.
https://www.unepfi.org/industries/nzaoa-announces-successful-passage-of-key-updates-to-governance/