We are happy to announce that 29 members of the Net-Zero Asset Owner Alliance use CRREM in order to identify their transition risk.
Last week the UN-Convened Net Zero Asset Owner Alliance launched its inaugural, biennial Progress Report, highlighting that 29 of its member investors have committed to reduce portfolio emissions by 25-30% by 2025 across three asset classes.
The 29 out of 56 Alliance members have committed to:
- reduce emissions by 25-30% by 2025 across all listed equities, corporate bonds and real estate, all three asset classes currently covered in the Alliance’s sub-portfolio target methodologies.
- reduce emissions by an average of 24% for real estate when set as a stand-alone target on the asset class or in line with what is required by the national grid using CRREM pathways, which is sometimes less than required by global average reductions depending on the efficiency of the grid, etc.
You can read more about the investors and their climate targets here:
Find out how CRREM can assist you in the transition of your properties!