River and Mercantile to launch strategies with net zero as a 'core focus'

Joins Net Zero Asset Managers initiative

River and Mercantile (R&M) has said it will launch new strategies with sustainable objectives, as it signed up to the Net Zero Asset Managers initiative to support investing aligned with net zero emissions by 2050 or sooner.

As part of the initiative, which launched in December 2020 and now has 87 signatories, R&M has committed to make net zero a "core focus" of existing and new funds. R&M also said it will work in partnership with clients on decarbonisation goals in line with a desire to reach net zero emissions by 2050 or sooner across all assets under management and will set interim targets for the proportion of assets to be managed in line with the attainment of net zero emissions by 2030 or sooner. MSCI: Asset managers must engage on net zero to avoid 'climate catastrophe' As well as adding to its...