NZAOA says no to new O&G projects, but is less clear on O&G companies
The Net-Zero Asset Owner Alliance (NZAOA) said it expects its $11 trillion of investor members to stop investing in new oil and gas projects, but its guidance was criticised for being less specific on oil and gas companies.
NZAOA extends target setting protocol
The third edition of its model adds sovereigns and unlisted equity. Vincent Huck interviews Udo Riese and Claudia Bolli
NZAOA urges policymakers to tackle 'major deterrence' to EM climate investment
The Net Zero Asset Owner Alliance (NZAOA) has called for policymakers to make five "urgent" changes to tackle the barriers to blended finance for climate solutions in emerging markets and developing economies.
Carbon budgets dataset wins investor support
The publication of a massive dataset outlining carbon budgets for companies across 12 sectors has the potential to boost the credibility of investor climate-related target-setting, and support regulation on reporting, observers have said.
Allianz to halt investments in new oil and gas fields
And will require 'net-zero by 2050' commitment from hydrocarbon producers
UN announces net zero expert group
NZAOA aims to halve emissions by 2030
Members of the Net Zero Asset Owners Alliance (NZAOA), representing $10 trillion of assets, have pledged to target reducing their absolute or intensity portfolio emissions by at least half by 2030.
NZAOA has 'low' climate voting transparency
Several members of the Net Zero Asset Owner Alliance (NZAOA) lack transparency when it comes to their proxy votes cast on climate-related proposals, academics have said.
$10trn asset owner alliance urges blended climate finance push
The UN-convened Net Zero Asset Owner Alliance (NZAOA) has urged development finance institutions (DFIs) to better use public-private finance partnerships...