Net-Zero Asset Owner Alliance members to cut portfolio emissions 25-30% by 2025

Two weeks ahead of COP26, the UN-Convened Net Zero Asset Owner Alliance launches its inaugural, biennial Progress Report, highlighting that 29 of its member investors have committed to reducing portfolio emissions by 25-30% by 2025 across three asset classes. This range is higher than the targets set by the inaugural Target Setting Protocol, published in January (-16 to -29% by 2025). The Alliance also welcomes six new members for a total of 56: Japan’s Nippon Life, Sumitomo Life, and Meiji Yasuda Life Insurance announced membership on 15th October 2021, while…

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