As members of the UN-convened Net-Zero Asset Owner Alliance (NZAOA), we are committed to transitioning our investment portfolios to net-zero greenhouse gas (GHG) emissions by 2050. Collectively, we manage USD 10.6 trillion in assets on behalf of our clients and beneficiaries. Through our investment mandates, we can drive the development of industry best practice. We are therefore uniquely placed to play a key role in catalysing decarbonisation of the global economy and investing in climate-resilience.

We recognise the imperative that global GHG emissions are halved by 2030, and are committed to working together to achieve these near-term emissions reductions on the path to transitioning our investment portfolios to net-zero GHG emissions by 2050, consistent with limiting global warming to 1.5°C.