{"id":1647697,"date":"2022-09-19T19:50:07","date_gmt":"2022-09-19T23:50:07","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1647697"},"modified":"2022-09-19T19:50:44","modified_gmt":"2022-09-19T23:50:44","slug":"net-zero-investor-group-members-set-more-short-term-emissions-targets","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/net-zero-investor-group-members-set-more-short-term-emissions-targets\/","title":{"rendered":"Net zero investor group members set more short-term emissions targets"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnet-zero-investor-group-members-set-more-short-term-emissions-targets%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1647697&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>By Juliette Portala<\/p>\n<p>(Reuters) \u2013     The Net Zero Asset Owner Alliance (NZAOA) said on Tuesday that nearly two thirds of its members had set short-term goals to cut portfolio emissions in line with capping global warming at 1.5 degrees Celsius as \u201cthe clock is ticking\u201d on climate change.<\/p>\n<p>NZAOA, which is composed of 74 investors such as pension schemes and insurance companies with a combined $10.6 trillion in assets, is helping its members decarbonise their portfolios as part of efforts to fight climate change.<\/p>\n<p>While all have committed to do so by 2050, the group is increasingly asking them to implement shorter-term objectives.<\/p>\n<p>\u201cWe have the requirement that every new joiner must within a year set these interim targets,\u201d G\u00fcnther Thallinger, chair of the Alliance, told Reuters.<\/p>\n<p>In its second annual progress report, launched during New York Climate Week, NZAOA said 41 members had set goals to cut portfolio emissions by at least 22% by 2025 or 49% by 2030, commitments which cover $3.3 trillion in assets.<\/p>\n<p>\u201cMuch still remains to be done,\u201d the group wrote as it aims to grow to 200 members, or to $25 trillion in assets by 2025. <\/p>\n<p>\u201cWhile $7.1 trillion in AUM (assets under management) is now encompassed by the Alliance\u2019s pledge, this amount must still grow to create a significant breakthrough,\u201d it added.<\/p>\n<p>\u201cThe question whether they join us or not is very simple: \u2018can they make the commitment?\u2019 Thallinger said, pointing to an \u201caccountability mechanism\u201d that compels companies to make progress to protect their reputation.<\/p>\n<p>NZAOA, which works with strategic advisers from the World Wildlife Fund (WWF), wants standardised emissions reporting. <\/p>\n<p> (Reporting by Juliette Portala; Editing by Simon Jessop and Alexander Smith)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/net-zero-investor-group\/file-photo-steam-rises-from-the-niederaussem-lignite-power-plant\/\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/09\/tagreuters.com2022binary_LYNXMPEI8I0Z7-BASEIMAGE.jpg\" alt=\"tagreuters.com2022binary_LYNXMPEI8I0Z7-BASEIMAGE\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Juliette Portala (Reuters) \u2013 The Net Zero Asset Owner Alliance (NZAOA) said on Tuesday that nearly two thirds of its members had set short-term goals to cut portfolio emissions<\/p>\n","protected":false},"author":66,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1647697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1647697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1647697"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1647697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1647697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1647697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1647697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}