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(“AB”) (NYSE: AB), a leading global investment and research management firm, has announced its commitment to achieve netzero emissions, working to align its business operations and a range of investment strategies with a 1.5-degree degree Celsius pathway by 2050, in support of the ParisAgreement.
Last weekend (9-10 December) saw a host of events dedicated to nature, land use, oceans and food systems, including a high-level plenary discussion on “the importance of action on nature in delivering the goals of the ParisAgreement”. In terms of the climate-nature nexus, the pace of change is already quickening.
Indices that are labelled as Paris-aligned Benchmarks (PABs) under EU rules must meet criteria for asset selection that results in the index aligning with the long-term climate goals of the ParisAgreement.
Science Based Target initiative (SBTi) The SBTi initiative was created to promote climate action within the private sector by assisting organizations in setting a science-based emissions reduction target in line with the ParisAgreement.
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