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New UN panel looks to hold companies, governments accountable for net-zero pledges

Corporate Knights

Net-zero pledges have become commonplace among corporations, financial institutions and cities, but questions abound as to whether those companies and governments have real plans in place to achieve them. In many cases, corporations or local governments don’t yet know how they will achieve net-zero status by 2050.

Net Zero 332
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Can Sustainability Standards Minimise Friction and Divergence?

Chris Hall

“The current lack of [standardisation] poses a significant cost to asset owners and limits their ability to incorporate these issues into investment decision-making,” says the UN-convened Net Zero Asset Owner Alliance (NZAOA), a group of 74 institutional investors with US$10.6 trillion in assets. .