The PRI is proud to host the Net Zero Investment Consultants Initiative (NZICI), a new commitment from some of the world’s most prominent investment consultants to align their operations and advisory services with the 1.5 degree emissions trajectory outlined in the Paris Agreement. Its twelve signatories at the time of launch are responsible for advising on assets exceeding USD 10 trillion. This commitment from investment consultants adds strength to existing investor leadership via the Net Zero Asset Owner Alliance, the Net Zero Asset Manager Initiative, and other groups that the PRI works with on this important issue.
We know that the institutional investment industry has a key role to play in facilitating the timely transition to net zero emissions. NZICI members are trusted to provide advice to pension funds, endowments, foundations, insurers, sovereign funds, family offices and more. By committing to bold steps that will embed net‐zero considerations into their advisory work, this pioneering group can help the investment industry make rapid progress on climate goals. The orderly transition away from fossil fuels will require all parts of the institutional investment chain to work together, and this initiative will be essential to this process.
1 Methodologies such as Paris Aligned Investment Initiative Net Zero Investment Framework, Science Based Targets Initiative for Financial Institutions and Net Zero Asset Owner Alliance Target Setting Protoco