ESG Focus Areas
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ESG Focus Areas Climate
As a leading asset management firm and UN PRI signatory since 2007, we have reinforced our commitment to climate change mitigation by setting comprehensive targets aligned with achieving net-zero emissions across all assets under management by 2050.
Our strategy combines short- and mid-term objectives, including reducing the weighted average carbon intensity (WACI) of investments and engaging companies to align with 1.5°C scenarios. Our Engagement Campaigns We actively participate in international investor initiatives and collaborative engagements focused on climate-related top- ics. Examples include Climate Action 100+ (CA100+), which engages with the most carbon-intensive public companies, and our Methane Engagement campaign in which we encourage our investee companies to adopt the Oil and Gas Methane Partnership (OGMP), a framework for methane measurement, reporting, and target setting.
• We have achieved our 2025 target to ensure that 80% of our top 200 largest carbon footprint contributors are on a Paris-aligned trajectory or otherwise subject to engagement. To assess the alignment profile of companies, NAM evaluates six current and forward-looking alignment criteria as defined by the PAII Net Zero Investment Framework. As of end 2025, 93% of top 200 companies were aligned or under active engage- ment to become aligned. This milestone was met through the following key actions: Individual company dialogues were we stated and dis- cussed our expectations of Paris alignment
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Engagements via collaborative initiatives (CA100+, IIGCC Net Zero Engagement Initiative, CDP non-disclosure campaign) CEO letters outlining the six alignment criteria and our expectations
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Some of our Climate engagement initiatives
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