21 asset owners, with $1.2 trillion in assets, have used publication of the Framework to commit to achieve net zero alignment by 2050 or sooner. The funds, including the Church of England Pensions Board, are drawing on the Framework to deliver these commitments, alongside a number of asset managers who are already working with clients on net zero alignment.
The Framework enables investors to decarbonise investment portfolios and increase investment in climate solutions, in a way that is consistent with and contributes to a 1.5°C net zero emissions future. Investors do this by developing a ‘net zero investment strategy’ built around five core components of the Framework. These key components are: objectives and targets, strategic asset allocation and asset class alignment, alongside policy advocacy and, investor engagement activity and governance.
Our Pensions Board is supporting the launch of a global framework for investors to achieve net zero emissions alignment.
"We are committed to using this Net Zero Investment Framework and are delighted to make the Asset Owner commitment."
– @actmatthewshttps://t.co/vsE2h5n2RW— The Church of England (@churchofengland) March 10, 2021