(Global Healing 2020 - 2050) - UN-backed asset owner alliance to drive portfolio companies to carbon neutrality by 2050

'..reducing global emissions of CO2 by 45% from 2010 levels by 2030, and reducing coal use to almost zero.'

- ' "Future risks from climate change depend... on decisions made today," the 4th National Climate Assessment says.'



'UN-backed asset owner alliance to drive portfolio companies to carbon neutrality by 2050

In one of the boldest actions yet by the world’s largest investors to decarbonize the global economy, an alliance of the world’s largest pension funds and insurers – responsible for directing more than US$ 2.4 trillion in investments – has today committed to carbon-neutral investment portfolios by 2050.

This commitment by the newly launched, United Nations-convened Net-Zero Asset Owner Alliance was announced today at the UN Secretary-General’s Climate Action Summit, which brought together governments, companies and civil society to strengthen commitments and accelerate the implementation of the Paris Agreement on Climate Change.

..

As long-term investors who must look far into the future to fund their liabilities, asset owners are keen to ensure that the global economy prospers, that climate-related risks are addressed, and that opportunities to invest in a cleaner tomorrow are captured.

The Alliance was initiated by Allianz, Caisse des Dépôts, La Caisse de dépôt et placement du Québec (CDPQ), Folksam Group, PensionDanmark and Swiss Re at the beginning of 2019. Since then, Alecta, AMF, CalPERS, Nordea Life and Pension, Storebrand, and Zurich have joined as founding members.

Convened by UNEP’s Finance Initiative and the Principles for Responsible Investment, the Alliance is supported by WWF and is part of the Mission 2020 campaign, an initiative led by Christiana Figueres, former Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC).'

- Investors make unprecedented commitment to net zero emissions, September 23, 2019



Context

'..initiatives to reduce their impact on the planet..' - Task Force on Climate-Related Financial Disclosures

JUST - Corporate social responsibility - How do you pay and treat your workers? How do you treat your customers?

(Business Roundtable) - '..corporate responsibility .. the best-run companies do more. They put the customer first and invest in their employees and communities .. to build long-term value..'


Underwater melting of Antarctic ice far greater than thought, study finds - By Jonathan Watts

Ending greenhouse gas emission before 2050 - Summary for Policymakers, - Global Warming of 1.5 °C

'Climate solutions represent opportunity, and technology is on our side.'


(Global Healing 2020 - 2050) - Global Greening - '..a cheap method of rapidly rebuilding damaged ecosystems using Iseeds.'

How air pollution is destroying our health - WHO

(Global Healing 2020 - 2050) - '..all coal-fired power generation .. shuttered by 2030..'


(Global Healing 2020 - 2050) - Regreen Our Planet - The Trillion Tree Campaign

'SAFIRE .. For the immediate future, we are focused primarily on clean energy generation. We have already designed a prototype energy generator.' - (Electric Universe - SAFIRE - 2019) - 'All the evidence to date points to electricity as the primal force in nature.'

(Bazaarmodel)(Teal - To Heal) - '..to let the individuals and organizations search or really think about the meaning of life.'