Large uptick in institutional investors committing to net-zero target

Global institutional investors have significantly raised their ambitions to implement net-zero commitments across portfolios over the last 12 months, while being increasingly aware of the challenges in meeting these targets, according to the latest edition of the Aviva Investors Real Assets Study. The annual survey from Aviva Investors, the asset manager of Aviva, is based on responses from more than 1,100 decision-makers at global insurers and pension funds, which represent more than €2 trillion ($2.2 trillion) of assets under management,

The latest research found that 52 percent of insurers and 50 percent percent of pension funds have committed to achieving net zero in their portfolios before 2050, an overall increase of 12 percentage points in the last 12 months. Of those committed to achieving net zero by 2050, European insurers (53 percent) lead the way, versus their North American and Asian counterparts (both 51 percent), while North American pension funds (60 percent