As New York Climate Week gathers momentum, the UN-convened Net-Zero Asset Owner Alliance launches its second-ever Progress Report, showing significant membership growth matched by credible intermediate decarbonisation targets. On the Alliance’s third anniversary, the membership stands at six times what it was during its formation in 2019. Now counting 74 institutional investors, the Alliance represents over US$10.6 trillion in assets under management (AUM). According to the Alliance’s Commitment, members have 12 months after joining to publish intermediate targets. This year, 44 members are setting short-term targets, meaning two-thirds of the Alliance’s…
Read MoreNet-Zero Asset Owner Alliance Progress Report demonstrates advance on decarbonisation targets
