Net-Zero Asset Owner Alliance More Than Triples Membership To 37 Since 2019 Launch
The United Nations-convened Net-Zero Asset Owner Alliance announce in April a tripling in membership from its launch at the UN Secretary General’s Climate Action Summit in September 2019, with 37 members now committing to set and report on interim targets towards net-zero portfolio emisisons by 2050. Alliance members Wespath and the David Rockefeller Fund preview their 2025 portfolio decarbonisation targets, to be officially announced on Earth Day (22 April 2021), while the Church Commissioners for England announced its 2025 emissions reduction target in a statement. (see details below). Gรผnther Thallinger, Chair of the Alliance’s Steering Group and Member of the Board of Management of Allianz SE, said: “Alliance members are demonstrating strong, early leadership by already setting science-based measurable targets for 2025. We have 16 members publishing firm targets for 2025 – targets that they will report on every year – and there are more member’s targets to come. This is a vita...