Implementation is key for investors’ net zero commitments. A significant proportion of PRI signatories deliver on their net zero commitments for investor/corporate action (consistent with the Paris Agreement and 1.5C), through PRI-led or PRI-supported initiatives.

Initiative nameDescription

UN-convened Net Zero Asset Owner Alliance

A member-led initiative of institutional investors committed to transitioning their investment portfolios to net-zero GHG emissions by 2050 – consistent with a maximum temperature rise of 1.5°C. It is co-convened by the PRI and UNEP-FI. The 84 members, with $11 trillion assets under management, are the finance industry’s first to set intermediate targets, which include CO2 reduction ranges for 2025 (22 – 32%) and for 2030 (40% – 60%). See the Alliance’s Target Setting Protocol Third Edition here.
Net Zero Asset Managers Initiative

An international group of 300+ asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5°C. Members set 2050 and 2030 interim targets, which are reviewed every 5 years, and report annually on their progress. Read the NZAM commitment here.

Net Zero Investment Consultants Initiative

An industry-led initiative of investment consultants committed to supporting clients in achieving the goal of global net zero greenhouse gas emissions by 2050. Members help clients prioritise real economy emissions reductions, reflecting the interim target of 50% global emissions reduction by 2030 or sooner, in alignment with objectives set in the Paris Agreement. Read the NZICI commitment here.

Net Zero Financial Service Providers

A global group of Financial Service Providers committed to supporting the goal of global net zero greenhouse gas emissions by 2050 or sooner, in line with the ambition to limit the global temperature increase to 1.5°C above pre-industrial levels. Read the full NZFSPA commitment here.

 

Glasgow Financial Alliance for Net Zero

 

A global coalition of leading financial institutions committed to accelerating the decarbonization of the economy. GFANZ was launched in April 2021 by UN Special Envoy on Climate Action and Finance Mark Carney and the COP26 Presidency, in partnership with the UNFCCC Race to Zero campaign, to coordinate efforts across all sectors of the financial system to accelerate the transition to a net-zero global economy. As of February 2022, GFANZ has 550+ member firms across 50+ jurisdictions. See the mission of GFANZ here.

The Investor Agenda

A common leadership agenda on the climate crisis that is unifying, comprehensive, and focused on accelerating investor action for a net-zero emissions economy. The IA draws on expertise from across the investor landscape to set out clearly joint expectations in four interlocking areas: corporate engagement, investment, policy advocacy, and investor disclosure.

  • Investor Climate Action Plans  supports investors navigate different initiatives that exist and to create ambitious plans of action, wherever they are on their journey to net zero, building a pipeline for further ambition
  • Policy advocacy  drives ambitious policy action on the climate crisis that in turn unlocks greater investor action.

See the 2022 Global Investor Statement to Governments on the Climate Crisis here.

Climate Action 100+

 An investor-led initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change. As of February 2022, CA100+ has 700 investors conducting engagements with over 160 companies globally. Focus companies cover 80%+ of global industrial emissions. See the CA100+ 2022 Progress Update here.

Initiative Climat International

The initiative brings together the private equity firms which are actively promoting climate action within their portfolios. Learn more here.

 

 

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