Paris Aligned Investment Initiative approved as a Race to Zero initiative
In February 2021, AP2 signed IIGCC’s Paris Aligned Investment Initiative: Net Zero Asset Owners Commitment. IIGCC’s Paris Aligned Investments Initiative is now accredited by the UN Climate Convention as a Race to Zero initiative. This is a global campaign that mobilizes a coalition of leading net zero initiatives with the objective to build momentum around the shift to a decarbonized economy ahead of COP26.
In 2016 AP2 decided to develop its portfolio in line with the Paris Agreement. During 2020 AP2 has had great focus on developing and implementing multi-factor indices for global equities and corporate bonds, in accordance with the criteria for the EU Paris Aligned Benchmark. AP2’s aims is to have a net zero emission portfolio by 2045.