Net-Zero Asset Owner Alliance Updates Private Market Manager Call to Action

Private markets are key to driving the transition to a net-zero economy. Pleased to have contributed to the drafting of the NZAOA’s updated Call to Action to Private Market Managers, setting out 7 recommendations and 6 guiding principles for GPs across private equity, private debt, infrastructure and real estate. A great piece of work and an important reference for LP–GP dialogue. Check it out below 👇🏼

Today, the UN-convened Net-Zero Asset Owner Alliance (NZAOA) published an updated Call to Action to Private Market Asset Managers. Building on the 2022 iteration, the updated guidance reflects changes to the private markets landscape and includes recommendations and guiding principles to help asset managers turn climate ambition into everyday practice.    "Ultimately, this is about our responsibility as stewards of our members' assets," said Maria Clara Rendon, Senior Director of Responsible Investing at UPP and co-lead of the NZAOA's Engagement Track. "Climate change is reshaping the investment landscape, and private market managers need to understand what those changes mean for the assets they invest in on our behalf."    Engagement with external managers is an important part of how UPP manages climate-related risks and opportunities across the investments we make on behalf of our members. Our work with the NZAOA provides an avenue to collaborate with other asset owners and contribute to ongoing dialogue on these issues.   🔗 Read the Call to Action: https://lnkd.in/eq-pZEeM

Investments in private markets have continued to grow rapidly and are therefore an increasingly important part of institutional portfolios and therefore also an important source of real-economy decarbonisation. We hope this updated Call to Action helps support managers in their climate ambitions and to better understand what asset owners are expecting of their private market managers. It was a pleasure to work closely with Maria Clara Rendon on this project along with the rest of the NZAOA drafting team Jimmy Yan, Patrick Peura, Thomas Schär, CFA, Andrea Davila Brindley, Rory Cornelius.

ESG investing is a framework that spans many types of investments, each with its own focus. A few common examples include: Environmental: • Renewable Energy Funds – Companies focused on clean energy like solar and wind • Green Bonds – Investments that fund eco-conscious infrastructure projects Social: • Diversity & Inclusion Funds – Prioritize companies with equitable hiring and leadership • Community Investment Funds – Support underserved areas through housing or local development Governance: • Corporate Transparency Funds – Invest in companies with strong oversight and ethical leadership • Anti-Corruption Funds – Screen out firms with histories of fraud or poor governance Each option takes a different approach to aligning your money with your values. #GatewayFinancialPartners #BenchOfLife #ESG #SustainableInvesting #FinancialWellness #ValuesBasedPlanning

ESG is no longer a compliance phenomenon but rather a structural driver of real state development. It reframes real estate from a purely physical/financial asset class into a system that must simultaneously satisfy regulators, capital providers, occupiers, and communities hence increasingly treated as foundational to how developments are conceived, financed, and valued, rather than a peripheral addition.

New LGT Capital Partners research finds most asset managers are holding or increasing their ESG commitments but their stance towards defence companies is the ‘exception’ where they are loosening their views. https://lnkd.in/g_z7Gpcv #ESG #LGT #defencespending

An important new report from LSEG produced in collaboration with the UN-convened Net-Zero Asset Owner Alliance (NZAOA). Now in its fifth annual edition, LSEG’s Decarbonising portfolios report examines emissions trends across major equity and fixed income benchmarks. Take a look. Provides good insight into a flattening out of emissions across the capital markets - carbon intensity is going down but absolute emissions reduction is less evident. Disclosure and setting carbon targets is now mainstream - energy and telecoms industries are leading the reductions while the tech sector is headed in the wrong direction. Looking forward to sitting down with Jaakko Kooroshy next week at the LSEG Sustainable Finance Summit in New York to discuss the implications of this report from the perspective of the Asset Owner Alliance. https://lnkd.in/eH-G79pk United Nations Environment Programme Finance Initiative (UNEP FI) LSEGhttps://lnkd.in/eH-G79pk United Nations Environment Programme Finance Initiative (UNEP FI) LSEG

The Net-Zero Asset Owner Alliance (NZAOA) has released a renewed call to action for private markets managers, hailing “important progress” but noting gaps between investors’ ambitions and the integration of climate into investment and engagement decisions. “Managers are improving portfolio data, coverage and reporting, so we are seeing clarity on their commitments,” said Maria Clara Rendon “We are also seeing active participation in industry initiatives and this is all important progress that we value and recognise. Thanks also to Jimmy Yan for taking the time to speak. https://lnkd.in/e3hpkvhM

Net zero targets increasing – but is it enough? Financial institutions are increasing their commitments to net-zero targets for financed emissions, but is progress too slow? According to research from S&P Global, the share of companies globally setting such targets rose from 15% in 2023 to 22% in 2025 – leaving 78% without a net zero target for their portfolios. Learn more about net-zero aligned investing in our Abdul Latif Jameel Perspectives article. https://lnkd.in/dmyicWah #AbdulLatifJameel #Jameel80 #Jameel #JIMCO #NetZero #FinancedEmissions #ESG #Investors #PrivateCapital #Investing #GDPGrowth #Economy #SustainableInvesting

As renewable power and e-mobility scale, lithium-ion battery supply chains are becoming critical infrastructure. Yet their upstream exposure to water stress, emissions, unsafe labor practices, and community impacts creates material environmental, social, and governance (ESG) risk. Regulation, capital markets, and customers now expect verifiable action. Battery players must move from reactive compliance to structured risk identification, targeted mitigation, and continuous monitoring to strengthen resilience, maintain stakeholder trust, and support sustainable growth.