Brussels, 20.04.2022. As an active asset manager and a sustainable actor, investor and partner, DPAM has decided, after careful consideration, to join the Net-Zero Asset Managers (NZAM) Initiative. This requires asset managers to commit to support investing aligned with net zero emissions by 2050 or sooner.
To become part of the NZAM Initiative, DPAM will commit to several key goals:
- Working in partnership with asset owner clients on ‘Net Zero by 2050’ decarbonisation goals
- Setting an interim target for the proportion of assets to be managed in line with the attainment of net zero emissions
- Reviewing these interim targets at least every five years to eventually cover 100% of AuM
Peter De Coensel, CEO DPAM, explains: “By integrating climate change risks and opportunities in its investments decision process, DPAM has continuously assessed the impact of climate change on its investments and considered the impact of its investments on climate change. So-called climate-related transition risks are continuously increasing. Hence, assessing our investees’ readiness via Net Zero commitments has become key in the investment case. As an investor, it is now time to take the next, natural step and commit to NZAM”.
2 Source: Companies taking action – Science Based Targets.
3 Source: Net Zero Asset Manager Initiative, 2020.