Decline marks first time emissions from investor portfolios have declined since group was established in 2019
New framework for how asset owners can exert their influence and investment for decarbonisation represents a 'commitment of highest ambition', coalition argues
Oil and gas position paper from $11tr alliance fails to set out concrete actions for how asset owners can stop oil and gas expansion, campaigners warn
The $11tr alliance has put out a fresh call to asset owners and index providers to develop and adhere to net zero benchmarks
The $10.6tr Net-Zero Asset Owner Alliance is urging policymakers worldwide to facilitate blended finance vehicles to fund climate solutions
Australia's Cbus Super and Austria's Bundespensionskasse quit the Net Zero Asset Owner Alliance and the Paris Aligned Asset Owners initiative respectively, both citing resource and data reporting challenges
Confidence remains high across the global carbon market, but investors want to see governments act to make carbon pricing fairer and more predictable
Make My Money Matter campaign announces that pension provides with £1tr in assets under management now have 'robust' net zero pledges in place
Over 90 green groups demand stricter membership rules for a raft of corporate financial net zero groups ahead of COP26
Net Zero Asset Owner Alliance also urges policymakers to standardise carbon credits to allow carbon markets to act as a market proxy in the absence of a global carbon price