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ASR Nederland N : a s r Asset management joins international initiative to reduce greenhouse gas emissions
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By Natalie Kenway
Investment firms representing $9trn commit to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner
Asset managers representing $9trn of assets under management (AUM) have signed the newly created Net Zero Asset Managers initiative to support global efforts in reducing greenhouse gas emissions.
Coinciding with the fifth anniversary of the Paris Climate Agreement (on 12 December), Fidelity International, AXA Investment Managers, Legal & General Investment Management, Schroders, BMO Global Asset Management, DWS and Robeco are among the 30 founding signatories for the new initiative, put in place by six investor networks including the Institutional Investors Group on Climate Change (IIGCC).
Leading Asset Managers Commit to Net Zero Emissions Goal With Launch of Global Initiative
Dec 11, 2020 10:15 AM ET
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Press Release
30 founding investor signatories to Net Zero Asset Managers initiative will work in collaboration with clients to achieve target-based net zero goal by 2050 or sooner
Other asset managers encouraged to join initiative, to demonstrate sector leadership and commitment to sustainable future
Asset managers representing over $9 trillion of assets under management (AUM) today announced the launch of the Net Zero Asset Managers initiative. This is a leading group of global asset managers that commit to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5°C. They also commit to support investing aligned with net zero emissions by 2050 or sooner. Delivery of the commitment also includes prioritising the achievement of real economy emissions reductions within the sectors and
Call for Highland Council to stop investing in fossil fuels By Gordon Calder Published: 17:00, 10 December 2020
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HIGHLAND Council should stop investing in fossil fuels in its pension fund after losing over £11.5 million in the last three years.
That is the plea made by Ariane Burgess, the Highland Greens lead candidate for next year s Scottish parliamentary elections.
She said the council s fund is one of ten local government pension funds which saw investments in oil companies collapse between April 2017 and November 2020. New research revealed Highland Council lost £11,650,109 in three years. The fund administers pensions on behalf of the local authority.
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