Fund managers committing $16 trillion to meet net-zero targets

Regular readers will know that we are committed to filtering all of our Investments based on their ESG footprint. The following Bloomberg article shows how the Investment community is now committing $16 trillion of funds under management toward meeting net-zero targets.

Read the full article here.

Below are our key takeaways:

• Fund managers have committed to net-zero emissions by 2050 , promising to manage 39% of their funds under management with an ESG focus.
  
• The commitment comes from Allianz Global Investors, BlackRock Inc. and Royal London Asset Management which represents $16 trillion in funds under management.

The article highlights how important ESG consciousness is becoming for company’s worldwide with the allocators of capital now putting in place ESG filters before making new investments. Companies that want to be able to attract new investment need to become more ESG conscious.

As part of our due diligence process, we always look at the ESG credentials of company’s before making new investments. We think that for companies to thrive in the medium to long term they need to be ESG conscious and in some way report the company’s ESG footprint.