Investing
Investment consultants advising $10 trln in assets launch climate initiative
Published by maria gbaf
Posted on September 21, 2021
2 min readLast updated: February 4, 2026
Global Banking & Finance Review®
Company
Published by maria gbaf
Posted on September 21, 2021
2 min readLast updated: February 4, 2026
Twelve investment consulting firms managing $10 trillion in assets launched a climate initiative aiming for net zero emissions by 2050, supported by the UN's Race to Zero campaign.
LONDON (Reuters) – Twelve investment consulting firms, together responsible for advising pension funds and insurers on $10 trillion in assets, launched the Net Zero Investment Consultants Initiative, the consultants said on Monday.
The consultants are making commitments, endorsed by the UN’s Race to Zero campaign, towards the goal of global net zero emissions by 2050, they said in a statement.
The consultants are Barnett Waddingham, bfinance, Cambridge Associates, Cardano, Frontier, Hymans Robertson, JANA, LCP, Meketa, Redington, Willis Towers Watson and Wilshire.
Investment consultants advise asset owners such as pension funds, insurers, sovereign wealth funds, endowments and family offices on how to manage their money.
The initiative is supported by the Principles for Responsible Investment and follows similar initiatives for asset owners themselves, asset managers and insurers.
The consultants have committed to integrating advice on net zero alignment into all investment consulting services within the next two years. Other commitments include setting emissions reduction targets across all their own operational emissions.
“The global transition to a net zero economy means asset owners have to develop their understanding of climate risks, think about changing pathways for their assets and exercise their stewardship rights,” said Luba Nikulina, global head of research at Willis Towers Watson.
“Investment consultants play a vital role in supporting asset owners on this journey and helping them increase their level of climate ambition.”
(Reporting by Carolyn Cohn; editing by Tom Wilson)
The article discusses a climate initiative by investment consultants managing $10 trillion in assets, aiming for net zero emissions by 2050.
The initiative involves twelve investment consulting firms, including Barnett Waddingham and Willis Towers Watson.
The initiative aims to integrate net zero alignment into consulting services and set emissions reduction targets.
Explore more articles in the Investing category
