Major asset managers commit to support net-zero carbon transition

Bank of England governor Mark Carney
Former Bank of England governor Mark Carney, now vice-chair of Brookfield Asset Management

Asset managers with over $22.8 trillion under management have pledged to make “new, enhanced commitments” to help the world reach net-zero carbon emissions by 2050.

Forty-three new signatories, including the world’s two largest asset managers, BlackRock and Vanguard, joined an existing 30 signatories today (March 29).

Signatories must set an interim target for 2030 of the proportion of assets that must be managed consistently with the Paris climate agreement’s goal of keeping global

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