Today the IIGCC has released its Net Zero Investment Framework, enabling investors to maximise the contribution they make to decarbonisation of the global economy and tackling climate change.
This is achieved by ensuring investment portfolios are aligned with net-zero emissions and investors are working in a comprehensive manner to help deliver on the goal of the Paris Agreement to keep global warming below 1.5° C.
As Sarasin & Partners CEO Guy Matthews comments:
Net zero alignment is a bit like, as the old adage goes, “motherhood and apple pie”. We can all agree that this is a goal we should all get behind. Without it, none of our futures are secure. The challenge is in delivery.
For asset managers, the need for action is particularly pressing. We sit at the heart of the investment ecosystem, so our decisions on where to allocate capital and also how we hold companies to account for their capital deployment help to determine whether or not we get onto a net-zero pathway.
The Net Zero Investor Framework published by the IIGCC today provides a vital roadmap for investors to act. There can be few excuses left for those that turn the other way. A new benchmark has been set for our industry.
Find out more about the framework here.