Karlee Pinder (née Samuels)’s Post

I am delighted to share that the second iteration of the Net Zero Investment Framework (known as NZIF 2.0) has been published today. NZIF 2.0 is the most up to date and comprehensive net zero investor guidance based on three years of practical implementation experience. It is used by over 200 investors to support their voluntary net zero commitments through the Paris Aligned Asset Owner and Net Zero Asset Manager initiatives, with further reach and use outside of these as well. Developed following extensive consultation with over 200 investors, NZIF 2.0 is an evolution of the original framework and guidance. It includes updates to guidance on several asset classes, as well as some revised target terminology and criteria on important topics including financed emissions. Launched in 2021, NZIF was a key output of the Paris Aligned Investment Initiative (PAII), of which I am proud to be a Steering Group member. Investors who have made net zero commitments can find deep dive guidance and flexible approaches to implementing their portfolio targets in the Net Zero Investment Framework. It is a ‘go to’ resource for all investors who seek to address climate risks and opportunities across every asset class. Many thanks and congratulations to those in the investment community who have contributed to the framework’s development and to Institutional Investors Group on Climate Change (IIGCC), Asia Investor Group on Climate Change (AIGCC), Ceres, Inc. and IGCC SustainMarkets for producing the updated framework and for providing additional support and guidance to support investors with implementation. #NZIF #Implementation #NetZero https://lnkd.in/gtn3GH3u

Pathzero welcomes the updated Net Zero Investment Framework (NZIF) that now includes brand new guidance for private markets investments – including private equity, private debt and infrastructure. NZIF is the most widely used resource by investors to develop climate strategies and transition plans, and NZIF 2.0 incorporates the latest guidance on emissions target setting and new insights on the levers available to investors to meet their net zero goals. NZIF 2.0 aims to help investors consider risk and return – bringing together resources, best practices shared by investors following three years of implementation, and more than 40 potential actions to align assets with net zero pathways with a focus on reducing real economy emissions. The update framework now covers: Listed equities and corporate fixed income Sovereign bonds Real estate Infrastructure Private equity Private debt Net zero cash management Pathzero is the most comprehensive and up-to-date carbon emissions data source in #privatemarkets, enabling asset owners and fund managers to create accurate climate reports from their private markets’ investments including infrastructure, private equity, private debt, and commercial real estate. Our network of data enabled insights can support the management of #climaterisks and opportunities within private markets portfolios as the world transitions to a low-carbon economy. Read more about the NZIF 2.0 updates here: https://lnkd.in/g4Zvfd2z

#Energytransition investing and #net-zero commitments are lower in the region, according to a global survey of #assetowners and their representatives. #climatechange #greenfinance #sustainableinvesting

When developing our fund's approach to climate change (now led by Laura Hillis) a key issue was to have credible frameworks and investor focussed tools to inform our decision-making. Together with peer Asset Owners we proceeded to make three interventions: First, to establish Transition Pathway Initiative (TPI) to have an independent tool to cut through the growing corporate disclosures and to bring academic rigor and insight to corporate engagement on what credible transition looks like. Together with Environment Agency Pension Fund (then led by Emma Howard Boyd CBE & Faith Ward as RI lead) and Rory Sullivan we set up TPI with supporting funds including USS, Swedish AP funds, Railpen & Wespath. Today $60 trillion AUM support TPI, increasing billions are being allocated to indices using TPI data, a dedicated TPI Climate Transition Centre at the Grantham Research Institute on Climate Change & the Environment has been established with an enduring partnership with LSEG (London Stock Exchange Group) and a Board now chaired by David Russell. Second, to create a framework - the Net Zero Investment Framework (NZIF), that could enable a fund like ours to make credible and comparable net zero commitments. We approached the Institutional Investors Group on Climate Change (IIGCC) to establish the Paris Aligned Investors Initiative, which with brilliant minds of Daisy Streatfeild, produced the first NZIF. We co-Chaired the Board with Dutch fund APG on behalf of ABP (fellow co-chair was Claudia Kruse supported by Lucian Peppelenbos) but as ever with Faith Ward contributing alongside minds such as Michael Marshall, Peter Smith, David Adkins, Dewi Dylander, Akaash Sachdeva and Liz Gordon and the IIGCC team. Today, we have the launch of NZIF 2.0 which is the most widely used net zero guidance for investors with multiple trillions using it to inform their decision making. It is also now an initiative of the regional investor networks: Investor Group on Climate Change (IGCC) Asia Investor Group on Climate Change (AIGCC) & Ceres, Inc. Third, to expand investor approaches to sovereign debt through the Assessing Sovereign Climate Opportunities and Risks (ASCOR) project. Together with Co-Chair's Victoria Barron Esther Law & Claudia Gollmeier and supported by the investor networks (Principles for Responsible Investment, Ceres, Inc. IIGCC, NZAOA) and leading minds from various supporting fund managers - ASCOR's methodology has been brought to life by the TPI Centre at LSE. The response to the first 25 country assessments (70 countries later this yr) has been superb and widely welcomed by investors, sovereign issuers and IMF. All three interventions serve a wider common need for credible asset owner driven tools and frameworks. The key ingredient has been Asset Owner leadership alongside the pooled wisdom of networks, funds and individuals that have contributed to navigating this evolving multi-decadal transition. https://lnkd.in/e9EKJSVG

Thank you Adam Matthews for sharing. This is very insightful, not just on the updated Net Zero Investment Framework, and how this can be used to make credible net zero commitments, but also on the use of the Transition Pathway Initiative tools, as you say to bring rigor and insight to credible transition. For students in my sustainable finance classes - please have a look at both the Transition Pathway Initiative (TPI) and the net zero investment framework. What makes a credible net zero strategy and plan? #sustainablefinance #carboncredits #netzero #greenwashing

The funding gap on the road to net zero and sustainable development presents a massive structural growth opportunity. In their latest article, my colleagues in Conviction Equities explain how environmental impact strategies offer global equity investors a way to participate, with the added potential benefits of portfolio diversification and a smoother performance throughout the cycle. #Vontobel #Investing

How can index investment solutions effectively contribute to decarbonisation of the global economy ? Read more below from Legal & General Investment Management (LGIM)’s Stephen Beer and the Glasgow Financial Alliance for Net Zero (GFANZ) about important new joint initiatives. #climateaction #energytransition #indexinvesting For professional investors only

The funding gap on the road to net zero and sustainable development presents a structural growth opportunity. How to get involved as an investor? Are environmental impact strategies a way to participate? What may be the consequences on the performance profile of a portfolio invested in these strategies? below are interesting insights from Marco Lenfers, CFA on the topic #Vontobel #Investing

The funding gap on the road to net zero and sustainable development presents a massive structural growth opportunity. In their latest article, my colleagues in Conviction Equities explain how environmental impact strategies offer global equity investors a way to participate, with the added potential benefits of portfolio diversification and a smoother performance throughout the cycle. #Vontobel #Investing

As seen in Impact Alpha: Private equity megafirms scoop up fresh billions for climate impact Snehal Shah Private equity giants such as TPG, Brookfield and KKR are raising billions for climate and impact themes, even as a US election threatens to upend global climate action.  Insights from their third quarter earnings calls, which wrapped up this week, show significant progress in securing commitments for climate strategies from some of the world’s largest institutional investors. The fundraising bonanza underscores the appetite among limited partners to put big checks to work underwriting the global energy transition.  As Generation Investment Management co-portfolio managers Miguel Nogales and Nick Kukrika wrote in the firm’s latest quarterly letter to shareholders, “Whatever happens with the US election in November, it is important to remember the following maxim: these trends are more powerful than politics. The world is moving inexorably to a sustainable future.” https://lnkd.in/eV6Tdzth