NN IP sets initial scope of assets to be managed in line with achieving Net Zero in 2050
2 november 2021
NN Investment Partners (NN IP) is a member of the Net Zero Asset Managers Initiative (NZAM) and is committed to support the goal of net zero greenhouse gas (GHG) emissions by 2050, in line with efforts to limit global warming to 1.5°C. As part of this commitment and ahead of the COP26, NN IP reports that 37% (EUR 110 billion) of its total assets will be managed in line with reaching net zero in 2050 or sooner, by the end of this year. The scope includes assets managed in equity, corpo-rate fixed income and sovereign bond portfolios.
NN IP is committed to achieve net zero emissions by 2050 for the corporate and sovereign bond portfolios in scope. For the corporate investment portfolio, a 25% CO2 reduction reference target by 2025 and a 45% reduction target by 2030 has been set. In the near future we aim to further increase our scope by developing new products that enable investors to invest in Paris Aligned products, and support our clients with their climate ambitions.
Source: NN Investment Partners Holdings N.V.
