Since the publication of the last progress report in 2023, the Alliance has been active on all three fronts, which are all embedded in the Alliance’s Target-Setting Protocol. [...] Engage- ment targets speak most closely to the stakeholder engagement lever of the theory of change, while the entirety of the Alliance’s four-pronged protocol contributes to field-building. [...] The Alliance remains attentive to the fact that the same scale of reductions has not yet taken place in the real economy. [...] With the asset owners demonstrating that setting ambitious climate targets, delivering on them, and reducing absolute financed emissions is possible, the focus must now turn to governments and financial regulators so that asset owners and the rest of the investment ecosystem can continue supporting the net-zero transition effectively. [...] New policy developments, best practices, and remaining challenges 4.1 Encouraging climate policy developments 4.2 Challenges, potential solutions, and key stakeholders Foreword Abbreviations and acronyms Acknowledgments Figure 1: Summary of the Alliance’s four-part target-setting approach Figure 2: Growth in the Alliance’s membership and total AuM Figure 3: The number and total AuM of members that.
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Table of Contents
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- Annex: Additional data and figures 0
- References 0
- Executive summary 2
- 1. Introduction 0
- 2. Walking the talk—aggregate data on progress of Alliance members 0
- 2.1 Who are the target setters? 0
- 2.2 Showing consistent reductions in absolute financed emissions 0
- 2.3 Climate solution investments 0
- 3. Diving into the data further 0
- 3.1 Sub-portfolio decarbonisation 0
- 3.2 Working on sector-level changes 0
- 3.3 Engaging with key stakeholders 0
- 4. New policy developments, best practices, and remaining challenges 0
- 4.1 Encouraging climate policy developments 0
- 4.2 Challenges, potential solutions, and key stakeholders 0
- Foreword 0
- Abbreviations and acronyms 0
- Acknowledgments 0
- Figure 1: Summary of the Alliance’s four-part target-setting approach 0
- Figure 2: Growth in the Alliance’s membership and total AuM 0
- Figure 3: The number and total AuM of members that set intermediate targets by the end of the 2024 Alliance reporting cycle 0
- Figure 4: Total number of members’ intermediate targets set across the Alliance’s four target types 0
- Figure 5: Absolute financed GHG emissions (excluding sovereign debt) of the Alliance members with intermediate targets for the December 2018–2023 period 0
- Figure 6: Members’ annual reduction of financed GHG emissions as of 12/2023, normalised by each cohort 0
- Figure 7: Growth in the Alliance members’ climate solutions investments since 2020 0
- Figure 8: Spread of members’ climate solutions investments across asset classes 0
- Figure 9: Percentage distribution of 2024 climate solution investments per sector 0
- Figure 10: AuM covered by sub-portfolio targets and the total AuM of members setting such targets 0
- Figure 11: Portion of members’ AuM covered by their sub-portfolio targets disaggregated by asset class 0
- Figure 12: Ambition of sub-portfolio targets set for listed equity 0
- Figure 13: Targets on emission-intensity reductions by sector 0
- Figure 14: Data on members’ exposure to and positions on thermal coal 0
- Figure 15: Data on members’ exposure to and positions on oil and gas 0
- Figure 16: Number of member targets set on different engagement KPIs (May 2021–24) 0
- Figure/table 17: Level of achievement of engagement targets (in absolute and percentage terms) 0
- Figure A. 1: Breakdown of the Alliance’s membership by institution type 0
- Figure A. 2: Breakdown of the Alliance’s total AuM by institution type 0
- Figure A.3: Overview of members’ intermediate targets 0
- Figure A. 4: Ambition of sub-portfolio targets set for corporate debt 0
- Figure A. 5: Ambition of sub-portfolio targets set for bonds, equities, real estate, and infrastructure 0
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- AOA 2024 Progress Report ES.pdf 1
- _Ref102656129 0
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- _Ref102658651 0
- _Ref103012895 0
- _Ref102662455 0
- _Hlk134186004 0
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- _GoBack 0
- Annex: Additional data and figures 0
- References 0
- Executive summary 2
- 1. Introduction 0
- 2. Walking the talk—aggregate data on progress of Alliance members 0
- 2.1 Who are the target setters? 0
- 2.2 Showing consistent reductions in absolute financed emissions 0
- 2.3 Climate solution investments 0
- 3. Diving into the data further 0
- 3.1 Sub-portfolio decarbonisation 0
- 3.2 Working on sector-level changes 0
- 3.3 Engaging with key stakeholders 0
- 4. New policy developments, best practices, and remaining challenges 0
- 4.1 Encouraging climate policy developments 0
- 4.2 Challenges, potential solutions, and key stakeholders 0
- Foreword 0
- Abbreviations and acronyms 0
- Acknowledgments 0
- Figure 1: Summary of the Alliance’s four-part target-setting approach 0
- Figure 2: Growth in the Alliance’s membership and total AuM 0
- Figure 3: The number and total AuM of members that set intermediate targets by the end of the 2024 Alliance reporting cycle 0
- Figure 4: Total number of members’ intermediate targets set across the Alliance’s four target types 0
- Figure 5: Absolute financed GHG emissions (excluding sovereign debt) of the Alliance members with intermediate targets for the December 2018–2023 period 0
- Figure 6: Members’ annual reduction of financed GHG emissions as of 12/2023, normalised by each cohort 0
- Figure 7: Growth in the Alliance members’ climate solutions investments since 2020 0
- Figure 8: Spread of members’ climate solutions investments across asset classes 0
- Figure 9: Percentage distribution of 2024 climate solution investments per sector 0
- Figure 10: AuM covered by sub-portfolio targets and the total AuM of members setting such targets 0
- Figure 11: Portion of members’ AuM covered by their sub-portfolio targets disaggregated by asset class 0
- Figure 12: Ambition of sub-portfolio targets set for listed equity 0
- Figure 13: Targets on emission-intensity reductions by sector 0
- Figure 14: Data on members’ exposure to and positions on thermal coal 0
- Figure 15: Data on members’ exposure to and positions on oil and gas 0
- Figure 16: Number of member targets set on different engagement KPIs (May 2021–24) 0
- Figure/table 17: Level of achievement of engagement targets (in absolute and percentage terms) 0
- Figure A. 1: Breakdown of the Alliance’s membership by institution type 0
- Figure A. 2: Breakdown of the Alliance’s total AuM by institution type 0
- Figure A.3: Overview of members’ intermediate targets 0
- Figure A. 4: Ambition of sub-portfolio targets set for corporate debt 0
- Figure A. 5: Ambition of sub-portfolio targets set for bonds, equities, real estate, and infrastructure 0
- _GoBack 0
