Read the report here to find out more about our nine commitments. This is an updated version of our interim report, which was first published in November 2022.

NZICI members have all agreed to:

• Integrate advice on net-zero alignment into all our investment consulting services as soon as practically possible and within two years of making this commitment.
• Work with our institutional asset owner clients to identify the investment risks from climate change, highlight the importance of net-zero alignment and, where applicable, support our clients in developing policies that align their portfolios to a net-zero pathway.
• Support efforts to decarbonise the global economy by helping our clients prioritise real-economy emissions reductions, reflecting the target of 50% global emissions reduction by 2030 or sooner using existing decarbonisation methodologies.
• Assess and monitor asset managers on the integration of climate risks and opportunities in their investment decisions and stewardship and reflect this evaluation in our client recommendations.
• Align with the Net Zero Asset Manager Initiative as soon as practically possible and within two years of making this commitment.
• Set emissions reduction targets across all our operational emissions in line with 1.5°C scenarios.
• Where suitable net-zero methodologies do not exist, work collaboratively for the benefit of our clients to address these challenges, seeking harmonised methodologies.
• Engage, independently or as a group, with regulators and policymakers, to facilitate the transition to net zero carbon emissions, addressing any barriers to our clients adopting and achieving their net-zero targets.
• Report progress by our firm against the commitments made here at least annually in the public domain.