The Net Zero Asset Managers (NZAM) initiative has completed a review of its framework and shared an updated Commitment Statement with signatories, aiming to keep the initiative practical and globally inclusive while maintaining alignment with the Paris Agreement temperature goals. The revised text more explicitly recognises that signatories’ ability to implement the actions in the Commitment Statement depends on factors including clients and the policies and regulations adopted by governments and other actors. References to 2050 have been removed to reflect differing jurisdictional realities, while expectations remain that each signatory sets its own targets, implements its own stewardship approach and reports annually on progress. NZAM expects target and implementation support activities to resume in early 2026, alongside the re-listing of signatories on its website.
The Net Zero Asset Managers initiative 2025-10-29
The Net Zero Asset Managers initiative updates its Commitment Statement, dropping 2050 references and clarifying implementation constraints
The Net Zero Asset Managers initiative has updated its Commitment Statement to enhance practicality and global inclusivity while aligning with the Paris Agreement goals. The revised framework acknowledges that implementation depends on clients and governmental policies, removing references to 2050 to accommodate jurisdictional differences. Target and implementation support activities are expected to resume in early 2026.