Overview
Net Zero Asset Managers Initiative was established in 2020 as a global, investor-led initiative focused on accelerating the transition to a net zero economy. It brings together asset managers that commit to supporting net zero greenhouse gas emissions across their investment portfolios, consistent with global climate goals. The initiative was launched in response to growing demand for credible, collective action within the asset management industry. Its overall purpose is to provide a common framework for commitments, implementation, and accountability related to net zero alignment.
Mission and focus areas
Net Zero Asset Managers Initiative aims to support asset managers in setting, implementing, and reporting on net zero targets. Its central focus is aligning capital allocation, stewardship, and portfolio construction with pathways consistent with limiting global warming. The initiative concentrates on climate-related risk management, emissions reduction targets, and transparency in reporting. It plays a role in advancing sustainable finance by promoting consistent expectations for net zero commitments and by strengthening credibility and comparability across asset managers’ climate strategies.
Structure and governance
Net Zero Asset Managers Initiative operates as a collaborative, signatory-based initiative with participation from asset managers globally. It is overseen by a steering group drawn from signatory firms, providing strategic direction and oversight. Operational support is provided through a secretariat model, with governance arrangements designed to reflect collective leadership rather than a single sponsoring institution. This structure allows NZAM to coordinate global participation while maintaining a focused and streamlined organisational model.
Programs and offerings
The initiative’s key outputs include public commitments, implementation guidance, and disclosure frameworks for signatories. A core offering is the annual NZAM Target Disclosure Report, which provides transparency on signatories’ net zero targets and progress. Net Zero Asset Managers Initiative also publishes guidance on target-setting, portfolio coverage, and engagement expectations. These resources are designed to support asset managers in embedding net zero considerations into investment processes, stewardship activities, and public reporting in a consistent and comparable manner.