Archive

Comment: NZAM and others must adapt or die

Whether bodies such as NZAM will be able to prevent further departures remains to be seen, writes Rob Langston

NZAM halts activities in 'fit for purpose' review following BlackRock exit

The Net Zero Asset Managers initiative (NZAM) has launched a review to ensure it remains "fit for purpose in the new global context" following news of BlackRock's departure last week.

BlackRock bows to legal threats and departs net zero initiative

BlackRock has left the Net Zero Asset Managers (NZAM) initiative, citing "legal inquiries from various public officials" in the US attacking its stated focus on climate finance.

Net Zero Asset Managers initiative observes rise of 'bespoke targets', as membership swells

The Net Zero Asset Managers (NZAM) initiative has noted a rise in signatories setting decarbonisation targets using their own 'bespoke' methodologies, as the group swelled to 325 signatories representing about $57.5 trillion in assets under management.

Four largest asset managers 'backed only a fifth of 2022 climate resolutions'

NZAMI reaches $66trn

'Broken' targets of Net Zero Asset Managers initiative criticised

Portfolio emissions targets made by members of the Net Zero Asset Managers initiative (NZAM) are "broken", according to a new report.

GAM sets 2030 decarbonisation targets for $12.5bn portion of assets

Swiss asset manager GAM Investments has set decarbonisation targets for 36% of its investment management assets - but said methodology and data issues restricted it from setting comprehensive targets.

Vanguard net-zero pledge is least ambitious in latest NZAMI report

Vanguard sets 'laughable' net-zero pledge

$8 trillion asset manager Vanguard has emphasised its "extreme laggard" status through its initial 'net-zero' pledge, according to campaigners.