Net Zero Asset Managers: $43 Trillion Committed to 2050
The Astonishing Rise of Net-Zero Asset Managers A seismic shift is underway in global finance. Net-Zero Asset Managers (NZAM), representing a staggering $43 trillion in assets under management (AUM), have committed to aligning their investment portfolios with net-zero greenhouse gas emissions by 2050. This monumental pledge represents a potential tipping point in the fight against climate change, but the path to achieving this ambitious goal is fraught with complexities. How can such a massive undertaking overcome inherent challenges and deliver on its promise?...