Amundi Net Zero Ambition; Seeking to make decarbonisation an investment reality
Climate change is one of the biggest challenges of our time. Geographically each of us are experiencing the effects in different ways, whether it be increased temperatures, forest fires, droughts or flooding to name but a few. it can also have a negative effect on biodiversity, health and food1. There is no disputing that despite generating the lowest emission that developing countries are being hit the hardest1.
It's time to take action: together it's more powerful
Humans and human induced activities have led to an increase in Greenhouse Gas Emissions (GHGs), which in turn triggered a need for action and in 20152, at COP21, 195 parties adopted the Paris Agreement3. The Paris Agreement aims to “keep global temperature increase ‘well below’ 2°C”, but also to “pursue efforts to limit it to 1.5°C”. But, as things stand, the world is not on track to meet this target.
In order to achieve the objective set out by the Paris Agreement, we need drastic change in the way our local and global economies operate. We believe this can be achieved by aligning policies and strategies with carbon reduction goals.
Supporting our clients in their Net Zero and carbon efficiency efforts
At Amundi, we are working with our clients all along the investment value chain to support the global Net Zero objective. We seek to support the global objective of reaching Net Zero by 2050 through investment solutions, advisory & engagement and knowledge based services.
Net Zero Asset Managers initiative
Amundi is deeply committed to the fight against climate change. And as part of this commitment, we joined the Net Zero Asset Managers (NZAM) initiative in July 2021, committing to support the global objective of carbon neutrality by 2050 or sooner.
ESG Ambitions 2025 Plan
In December 2021, we announced our ESG Ambitions 2025 plan, which set out ten concrete objectives to accelerate our ESG transformation and pave the way towards carbon neutrality by 2050.
We aim to achieve this by:
While we are aware that developing a climate resilient environment must be a collective effort, the ESG Ambitions 2025 plan allows us to contribute at our level to the net zero objective3.
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