Archive

Allianz rejected 34 insurance deals in 2023 due to sustainability risks

Allianz's sustainability assessment processes resulted in it not proceeding with insurance transactions for 34 customers last year, according to its 2023 sustainability report.

NZAOA says no to new O&G projects, but is less clear on O&G companies

The Net-Zero Asset Owner Alliance (NZAOA) said it expects its $11 trillion of investor members to stop investing in new oil and gas projects, but its guidance was criticised for being less specific on oil and gas companies.

NZAOA extends target setting protocol

The third edition of its model adds sovereigns and unlisted equity. Vincent Huck interviews Udo Riese and Claudia Bolli

NZAOA urges policymakers to tackle 'major deterrence' to EM climate investment

The Net Zero Asset Owner Alliance (NZAOA) has called for policymakers to make five "urgent" changes to tackle the barriers to blended finance for climate solutions in emerging markets and developing economies.

Carbon budgets dataset wins investor support

The publication of a massive dataset outlining carbon budgets for companies across 12 sectors has the potential to boost the credibility of investor climate-related target-setting, and support regulation on reporting, observers have said.

Allianz to halt investments in new oil and gas fields

And will require 'net-zero by 2050' commitment from hydrocarbon producers

Re-write rules of engagement, says Net-Zero Asset Owner Alliance

UN announces net zero expert group

NZAOA aims to halve emissions by 2030

Members of the Net Zero Asset Owners Alliance (NZAOA), representing $10 trillion of assets, have pledged to target reducing their absolute or intensity portfolio emissions by at least half by 2030.

NZAOA has 'low' climate voting transparency

Several members of the Net Zero Asset Owner Alliance (NZAOA) lack transparency when it comes to their proxy votes cast on climate-related proposals, academics have said.