The Net Zero Asset Managers

What The Net Zero Asset Managers does

The Net Zero Asset Managers (NZAM) is a voluntary global initiative, not a commercial entity, that provides a platform for asset managers to make individual commitments to support investing aligned with the goal of net zero greenhouse gas emissions and to publicly disclose their climate-related targets and implementation strategies. Signatories sign a seven-action Commitment Statement covering client information provision, near-term target setting, investment stewardship, engagement with capital market actors, policy advocacy alignment, and annual public reporting; targets are set using one of three endorsed science-based methodologies (the Net Zero Investment Framework, the SBTi Near-Term Criteria and Net-Zero Standard, or the Net Zero Asset Owner Alliance Target-Setting Protocol). The initiative is administered by the Institutional Investors Group on Climate Change (IIGCC) on behalf of six founding Network Partner investor networks — AIGCC, CDP, Ceres, IGCC, IIGCC, and PRI — and is accredited by the UNFCCC Race to Zero campaign. Asset managers must be members of at least one Network Partner to participate, and the initiative is offered free of charge with no revenue model. Following the January 2025 exit of several large US asset managers (BlackRock, Vanguard, Nuveen, J.P. Morgan Asset Management) and a period of suspended activity, NZAM relaunched on 25 February 2026 with a revised, more flexible commitment framework, reporting 250+ asset managers and 50+ asset owners (representing $3.7 trillion) backing the initiative at relaunch.

Name

The Net Zero Asset Managers

Legal name

The Net Zero Asset Managers initiative

Website

https://netzeroassetmanagers.org

Company type

Private

Founded year

2020

Operating status

Operating

Short description

The Net Zero Asset Managers (NZAM) is a voluntary global initiative, administered by IIGCC on behalf of six founding investor networks (AIGCC, CDP, Ceres, IGCC, IIGCC, PRI), that provides asset managers with a free platform to make individual net zero commitments and publicly disclose climate targets and implementation strategies.

Ownership category

akta.pro rank

Product category

Sustainable Investment Initiative

NAICS

Environmental Consulting Services (54162)

akta.pro primary industry

Net-Zero Target Setting & SBTi/Net-Zero Standard Support (EUABAKAA)

akta.pro secondary industries

Regulatory & Disclosure Strategy (CSRD/ESRS, ISSB/IFRS S2, SEC, TCFD) (EUABAKAH), GHG Accounting & Net-Zero/Decarbonization Planning (Scopes 1–3) (EUAHAJAC)

Keywords

• Sustainable investing initiative
• Net zero commitments
• Climate disclosure platform
• ESG asset management
• Climate-aligned investing

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales

Distribution channels1 record

Marketing channels5 records

Core offering

The Net Zero Asset Managers (NZAM) is a voluntary global initiative that provides a framework and platform for asset managers to make individual voluntary commitments to support investing aligned with the global goal of net zero greenhouse gas emissions. It includes a seven-action Commitment Statement covering client information, climate target setting, stewardship, engagement, policy advocacy alignment, and annual public reporting. Signatories publicly disclose their net zero targets and implementation strategies on the NZAM website using one of three endorsed science-based methodologies (NZIF, SBTi, or TSP) and receive capacity-building support via webinars, workshops, and technical guidance from the six founding Network Partners.

Product overview

The Net Zero Asset Managers (NZAM) initiative is a voluntary global platform — not a commercial software product — operated by six investor network partners (AIGCC, CDP, Ceres, IGCC, IIGCC, and PRI). It offers a unified framework through which asset managers make individual voluntary commitments to net zero investing, using one of three endorsed science-based target-setting methodologies (NZIF, SBTi, or TSP) to set near-term climate targets. Signatories then disclose their targets and implementation plans via individual pages on the NZAM website and report annually on progress. The initiative also provides capacity-building webinars, workshops, and technical guidance through its Network Partners. The core offering is the Commitment Statement (seven actions) and the associated disclosure and reporting infrastructure on the NZAM website.

Differentiator

Problem solved

Functional benefit

Products and services

• Net Zero Asset Managers Initiative Platform A voluntary global initiative providing a platform for asset managers to make individual voluntary commitments to support investing aligned with the global goal of net zero greenhouse gas emissions, including public disclosures of individual net zero targets and implementation strategies.
• NZAM Commitment Statement A seven-action commitment statement that asset managers sign, covering climate-related information provision, client support for climate goals, near-term target setting, investment stewardship, engagement with market actors, policy advocacy alignment, and annual public reporting.
• Signatory Disclosure Platform A web-based platform on the NZAM website where signatories publicly disclose their net zero targets, implementation plans, and annual progress reports, enabling clients and stakeholders to assess and compare managers' climate strategies.
• Target-Setting Methodology Framework Three endorsed science-based target-setting methodologies (the Paris Aligned Investment Initiative Net Zero Investment Framework (NZIF), the SBTi Near-Term Criteria and Net-Zero Standard, and the Net Zero Asset Owner Alliance Target Setting Protocol) that signatories use to set robust climate targets.
• Capacity-Building Resources A suite of capacity-building resources including biannual webinars, workshops, and technical guidance developed by Network Partners to help asset managers build internal expertise and strengthen net zero target-setting and implementation practices.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core.

• Asia Investor Group on Climate Change (AIGCC)coreStrategic or Co-development PartnerAIGCC is one of six founding Network Partners that coordinate the initiative and provide support to signatories. It focuses on Asia with more than 70 member organisations managing US$33 trillion, headquartered in 11 markets across Asia. AIGCC's focus areas include investor practice and capacity building, stewardship and corporate engagement, and policy engagement. Contact: Miles Wu, Investor Practice Manager ([email protected]).
• CDPcoreStrategic or Co-development PartnerCDP is a founding Network Partner and global non-profit running the world's only independent environmental disclosure system. CDP helped more than 24,800 companies and 1,100 cities, states and regions disclose their environmental impacts in 2024. Financial institutions with more than a quarter of the world's institutional assets use CDP data. Contact: Capital Markets Team ([email protected]).
• CerescoreStrategic or Co-development PartnerCeres is a founding Network Partner and nonprofit advocacy organization accelerating the transition to a cleaner, more just, and resilient economy. Ceres works with investors and companies to act on sustainability challenges and advocates for market and policy solutions. Contact: E. Colgan Powell, Senior Manager Investor Network ([email protected]).
• Investor Group on Climate Change (IGCC)coreStrategic or Co-development PartnerIGCC is a founding Network Partner and the leading network for Australian and New Zealand investors on climate change. Members manage more than $30 trillion globally and include Australia's largest superannuation and retail funds. Contact: Lisa Caripis, Investor Practice Program Manager ([email protected]).
• Institutional Investors Group on Climate Change (IIGCC)coreStrategic or Co-development PartnerIIGCC is a founding Network Partner and investor-led membership organization bringing the investment community together to navigate climate risks and opportunities. IIGCC has 400+ members across 20+ countries. IIGCC serves as the administrator of NZAM (referenced in privacy policy as Institutional Investors Group on Climate Change Ltd). Contact: Angus Wilson or Julien Grolée, Senior Programme Managers ([email protected], [email protected]).
• Principles for Responsible Investment (PRI)coreStrategic or Co-development PartnerPRI is a founding Network Partner and international organization encouraging investors to use responsible investment to enhance returns and better manage risks. Launched with UN support in April 2006, PRI has more than 5,000 participating financial institutions as of April 2025. Contact: Chloë Parkin, Climate Initiatives and Collaboration ([email protected]).

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Regional players

• Asia Investor Group on Climate Change (AIGCC): Asia-focused investor network with 70+ members managing $33T across 11 Asian markets. A founding Network Partner of NZAM and the regional counterpart to IIGCC; provides Asia-specific capacity building, stewardship, and policy engagement for the same NZAM constituency.

Broad incumbents

• Principles for Responsible Investment (PRI): UN-supported global responsible-investment framework with 5,000+ signatories. A founding Network Partner of NZAM and the broader umbrella under which climate-commitment initiatives sit; covers ESG integration broadly rather than the narrow net-zero focus of NZAM.
• CDP (formerly Carbon Disclosure Project): Global environmental disclosure system used by 24,800+ companies and 1,100+ cities. A founding Network Partner of NZAM and a key data infrastructure provider; serves a broader corporate climate-disclosure mandate than NZAM's asset-manager-specific commitment framework.
• Institutional Investors Group on Climate Change (IIGCC): European investor membership organization (400+ members across 20+ countries) and the formal administrator of NZAM. Operates as both Network Partner and the operational backbone of the NZAM initiative, while running a broader climate-investor agenda.
• Ceres: US-based nonprofit mobilizing investors and companies on climate and sustainability. A founding Network Partner of NZAM and a North American advocacy counterpart; broader sustainability mandate with a US-centric geographic focus.

Direct peers

• Paris Aligned Investment Initiative (PAII): An IIGCC-coordinated initiative developing the Net Zero Investment Framework (NZIF) — one of NZAM's three endorsed target-setting methodologies. Direct functional peer in net-zero portfolio construction methodology and the broader IIGCC programme family.
• Science Based Targets initiative (SBTi): Defines science-based target-setting methods for corporates and financial institutions, including the SBTi Net-Zero Standard referenced by NZAM. SBTi is the methodological backbone of credible net-zero commitments in finance and is one of NZAM's three endorsed target-setting pathways.
• Glasgow Financial Alliance for Net Zero (GFANZ): A sector-wide coalition of financial institutions (banks, insurers, asset managers, asset owners) committed to net zero. Overlaps directly with NZAM's asset-manager signatories and shares the same voluntary commitment framework and Race to Zero accreditation, but operates one level broader across the entire financial sector.
• Climate Action 100+: Investor-led initiative coordinating engagement with the world's largest corporate greenhouse gas emitters. Comparable to NZAM as a climate-finance coalition targeting the same asset-manager and asset-owner community, but focused on corporate engagement rather than portfolio-level target setting.
• Net Zero Asset Owner Alliance: A UN-convened alliance of asset owners (pension funds, insurers) committed to net-zero portfolios by 2050. Direct structural peer to NZAM — same voluntary commitment model, science-based target-setting, and UNFCCC Race to Zero accreditation, but focused on the asset-owner side of the capital allocation chain.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about The Net Zero Asset Managers