Increasing Climate Ambition, Decreasing Emissions: The Third Progress Report of the Net-Zero Asset Owner Alliance

The Alliance’s First (2021) and Second Progress Report (2022b) presented data on growth for all of the following metrics: Alliance members, members that have set intermediate targets, and the AuM covered under the Alliance’s target-setting framework. This report tells a story of deepened commitment. It reveals, for instance, that the number of members reporting targets has reached a new record. It also highlights the material impact of members’ actions by providing data on their aggregated absolute GHG emissions reductions—a notable first for the Alliance.