Addressing climate risk: collaborative response essential for fulfilling individual fiduciary responsibilities

In a recently published op-ed for the United Nations Environment Programme Finance Initiative (UNEP FI) convened Net-Zero Asset Owner Alliance (NZAOA), Allianz Board Member and NZAOA Chair Günther Thallinger explained asset owners’ work when it comes to protecting the best interests of their stakeholders. Insuring that an asset owner’s portfolio is indeed aligned with net zero—across all asset classes and all markets—is no simple feat. For example, measurement of companies’ scope 3 data remains sparse and unreliable. That’s where collaboration proves essential. As part of the Alliance, members contribute to and benefit from industry-leading decarbonisation methodologies as well as from opportunities to impactfully raise the need for comprehensive climate reporting, for example, with both corporates and policymakers.

You can read Günther Thallinger’s op-ed here.

Source link:

Newsletter Updates

Enter your email address below and subscribe to our newsletter