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The Climate Commitment Gap: How Asset Managers are Falling Short

In the face of a rapidly changing climate, the world's largest asset managers have made bold commitments to achieve net-zero emissions by 2050. However, a new report by FinanceMap, "Asset Managers and Climate Change 2023," reveals a stark reality: these financial giants are far from meeting their own targets. The report, which assesses 45 of the world's largest asset management companies, paints a concerning picture. Despite the increasing urgency of the climate crisis and the proliferation of net-zero pledges, the climate performance of these asset managers has not improved over the past two years. In some cases, positive trends have…
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