news and press News asr Vermogensbeheer sluit zich aan bij internationaal initiatief
News Utrecht 11 December 2020 17:00 EU/Amsterdam

a.s.r. Asset management joins international initiative to reduce greenhouse gas emissions

A group of 30 international asset managers, with invested assets of more than 7 trillion Euro, together form the Net Zero Asset Managers initiative, a new global platform of asset managers committed to decarbonising their investment portfolios and thereby contributing to the realization of the goals of the Paris Climate Agreement.

The goal of the Net Zero Asset Managers initiative of the Institutional Investors Group on Climate Change (IIGCC) is to reduce greenhouse gas emissions by the year 2050, or earlier, to net zero, with a clear intermediate target for 2030. This is in line with global efforts to limit average global warming to 1.5 degrees Celsius.

The investments made by asset managers must support these objectives. The commitment, to which Robeco and AXA have also committed themselves, also include prioritizing the achievement of emission reductions in the real economy within the sectors and companies in which the asset managers invest. In other words, in all investments, the possible impact and the reduction of greenhouse gases must be taken into account separately.

Jack Julicher, director of a.s.r. Asset management: 'a.s.r. Asset management joins the new "Net Zero Asset Managers" initiative of the Institutional Investors Group on Climate Change (IIGCC). An initiative for and by leading international investors, intended to reduce greenhouse gas emissions to net zero by the year 2050, or earlier, in order to limit average global warming to 1.5 ° C. With this, we once again underline our objective of combating further global warming with our investments. It is fantastic that such a large group of international asset managers is committed to this and has committed itself to these clear actions and targets'.

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