Asset Management One Co., Ltd. (“AMO”) have announced their participation as a founding member in the Net Zero Asset Managers (NZAM) initiative. The initiative, established on 11 December, aims to reduce the emission of Greenhouse Gas (“GHG”) to net zero* by 2050. AMO is one of thirty of the world’s largest asset managers who acknowledge the need to accelerate the transition towards global net zero emissions and commit to supporting investing aligned with this aim.
So far AMO is the only participant amongst Japanese asset managers. As a responsible investor AMO is committed to the consideration of environmental, social and governance factors within its investment capabilities and engages with investee companies to adapt their business models and contribute to a decarbonized society.
At Asset Management One International Ltd., we are proud of the commitment our Head Office has pledged. As the physical and economic impact of climate change becomes increasingly apparent, we believe asset managers can play a significant role in promoting this movement all over the world. We look forward to instigating investment strategies and actions for our clients that will help us to achieve the vital aim of this initiative.
Mr. Akira Sugano, President & CEO, Asset Management One Co., Ltd commented:
‘Tackling the climate challenges is a global effort that requires commitment and collaboration. At Asset Management One we believe that asset managers have a key role to play within the investment chain towards achieving the goals of the Paris Agreement. As a responsible long-term investor, we have been actively engaging with investee companies on accelerating climate strategies and business model transformation towards a low-carbon economy. Through joining this NZAM initiative and working closely with our clients and stakeholders around the world, we are committing to our net zero ambitions and a sustainable future for our planet.’
Further details on the NZAM initiative can be found at: https://www.netzeroassetmanagers.org/
*The action to balance consumed energies and produced/absorbed energies.
Background on the firm
Asset Management One Co., Ltd. is the second largest asset managers in Japan with over USD 512bn AUM* and 300 investment professionals. AMO has a leading position amongst both institutional and retail clients in Japan. Headquartered in Tokyo and providing investment strategies to some of the world’s largest institutional investors, Asset Management One has a global network of subsidiary offices across London, New York, Singapore and Hong Kong.
Asset Management One International Ltd., the London based subsidiary, is responsible for the servicing of institutional clients throughout the EMEA region. Asset Management One International offers an extensive range of investment strategies and solutions available in a range of structures including a UCITS Fund or bespoke mandates, many of which are award winning, to sovereign wealth funds, pension funds, financial institutions and other large institutional and corporate investors in EMEA.
*as at 30th September 2020
Asset Management One International Ltd. is authorised and regulated by the Financial Conduct Authority. This article is targeted at Professional Investors only.
Asset Management One International Ltd.,
Mizuho House, 30 Old Bailey, London, EC4M 7AU
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