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).