It’s time for investors to step up.
With their full shareholder power, there is still time to prevent the worst effects of climate change.
Net Zero Asset Owner Alliance Analysis 2022
In December 2021, we released our first report on the members of the UN-convened Net-Zero Asset Owner Alliance (NZAOA).
One year later, we examined whether or not NZAOA members have become more progressive on climate voting than non-NZAOA peers.
A Global Wrap Up of the 2022 Shareholder Season
Dig in to the ambitious year in climate action by shareholders in leading financial institutions...
What We’re
Calling For
Institutional investors and asset managers hold shares in virtually every publicly listed company in the world, including oil and gas majors, coal producers, banks, and companies driving deforestation. To ensure assets are managed responsibly and in line with a pathway that will preserve a livable planet for all of us, we’re asking investors to support the transition to a decarbonized economy by:
1
Implementing assertive, time-bound engagement policies
2
Voting for shareholder climate resolutions, and against climate-incompetent directors
3
Exiting fossil fuel companies and other climate-destructive corporations that can’t or won’t transition
The Problem
To have a chance of limiting global warming to 1.5 degrees, scientists say that we need to halve carbon emissions this decade. Yet companies are continuing to dig up more coal, gas, and oil, and to build cars, power stations, and infrastructure which burn fossil fuels. Institutional investors own and finance these companies, but are failing to use their shareholder power to push for companies to act on climate.
The Solution
Institutional investors have serious power to shape companies’ futures. By denying new money for fossil fuel expansion, and voting on resolutions and directors at companies’ annual meetings, investors can ignite a swift transition to clean energy. A small number of investors have started to act in this way, and many more have recently signed up to net zero pledges. If they step up and use their full shareholder power, there’s still time to prevent the worst of climate change.
