Net Zero Asset Managers alliance approaches 300 members

Representing $66trn

Net Zero Asset Managers has grown by a further 21 members to a total of 291, as the proportion of companies in the initiative disclosing initial targets also booms.

In the initiative's most recent update, 21 signatories, including Northern Trust Asset Management and AllianceBernstein, have committed to achieving net zero by 2050. Of the total figure, 169 managers have disclosed initial targets to transition their assets to net zero by 2050 or sooner, with the most recent cohort of 86 more than doubling the previous disclosure count. GFANZ: Multi-trillion dollar financial group unveils voluntary net zero guidelines These latest targets mean a collective $21.8trn of assets are now committed to net zero with tangible goals, of a total $66trn asse...