Aegon AM becomes signatory to the Net Zero Asset Managers Initiative

Aegon Asset Management (Aegon AM) has become a signatory to the Net Zero Asset Managers initiative.

Aegon AM becoming a signatory to NZAMI is in line with the announcement by Aegon NV today that the company commits to net zero greenhouse gas emissions for its general account investment portfolio by 2050 and that it will join the Net-Zero Asset Owner Alliance, a United Nations convened group of institutional investors.

 

By becoming a signatory Aegon AM is committing to support the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit global warming to 1.5 degrees Celsius. Aegon AM also commits to support investing aligned with this net zero emissions target and work in partnership with its clients on decarbonisation, supporting them with their own climate ambitions.

 

To meet these commitments Aegon AM will look to increase the share of assets managed in-line with the attainment of net zero by 2050 or sooner – beginning with those managed on behalf of other Aegon Group companies following their own commitment to net zero. It will also prioritise reductions in the real economy by continuing its engagement program, using its influence with investee companies to encourage continued greenhouse gas measurement, targets and reduction.

 

The Net Zero Asset Managers initiative was launched in December 2020 and is a group of international asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner in line with global efforts to limit warming to 1.5°C.

 

Commenting on becoming a signatory Bas NieuweWeme, CEO of Aegon AM said:

 

Bas-with-padding.jpg‘We are all very aware of the impact emissions are having on our planet’s climate and the need to act now before it is too late. As investment managers we believe we can play a vital role by encouraging those companies in which we invest to also reduce theirs and move to zero emissions, for the sake of future generations’

 

 

 

 

 

Disclaimer

This material is provided by Aegon Asset Management (Aegon AM) as general information and is intended exclusively for institutional and wholesale investors, as well as professional clients (as defined by local laws and regulation) and other Aegon AM stakeholders. This document is for informational purposes only in connection with the marketing and advertising of products and services, and is not investment research, advice or a recommendation. It shall not constitute an offer to sell or the solicitation to buy any investment nor shall any offer of products or services be made to any person in any jurisdiction where unlawful or unauthorized. The research taken into account in this document may or may not have been used for or be consistent with all Aegon AM investment strategies. Any reference to securities, asset classes and financial markets are included for illustrative purposes only and should not be relied upon to assist or inform the making of any investment decisions. It has not been prepared in accordance with any legal requirements designed to promote the independence of investment research and may have been acted upon by Aegon AM and Aegon AM staff for their own purposes.

 

All investments contain risk and may lose value. Responsible investing (RI) is qualitative and subjective by nature, and there is no guarantee that the criteria utilized, or judgment exercised, by any company of Aegon Asset Management will reflect the beliefs or values of any one particular investor.  Information regarding responsible practices is obtained through voluntary or third-party reporting, which may not be accurate or complete, and Aegon Asset Management is dependent on such information to evaluate a company’s commitment to, or implementation of, responsible practices.  Responsible norms differ by region.  There is no assurance that any responsible investing strategies and techniques discussed herein will be successful. Any opinions, estimates, or forecasts expressed are the current views of the author(s) at the time of publication and are subject to change without notice. This document contains "forward-looking statements" which are based on Aegon AM's beliefs, as well as on a number of assumptions concerning future events, based on information currently available. These statements involve certain risks, uncertainties and assumptions which are difficult to predict. No guarantee is being made that stated outcomes will be achieved.

 

The information contained in this material does not take into account any investor's investment objectives, particular needs, or financial situation. It should not be considered a comprehensive statement on any matter and should not be relied upon as such. Nothing in this material constitutes investment, legal, accounting or tax advice, or a representation that any investment or strategy is suitable or appropriate to any particular investor. Reliance upon information in this material is at the sole discretion of the recipient. Investors should consult their investment professional prior to making

an investment decision. Aegon AM is under no obligation, expressed or implied, to update the information contained

herein. Neither Aegon AM nor any of its affiliated entities are undertaking to provide impartial investment advice

or give advice in a fiduciary capacity for purposes of any applicable US federal or state law or regulation. By receiving

this communication, you agree with the intended purpose described above.

 

The following Aegon affiliates are collectively referred to herein as Aegon Asset Management: Aegon USA Investment Management, LLC (Aegon AM US), Aegon USA Realty Advisors, LLC (Aegon RA), Aegon Asset Management UK plc (Aegon AM UK), and Aegon Investment Management B.V. (Aegon AM NL). Each of these Aegon Asset Management entities is a wholly owned subsidiary of Aegon N.V. 

 

Aegon AM UK is authorised and regulated by the Financial Conduct Authority (FRN: 144267) and is additionally a registered investment adviser with the United States (US) Securities and Exchange Commission (SEC). Aegon AM US and Aegon RA are both US SEC registered investment advisers. Aegon AM US is also registered as a Commodity Trading Advisor (CTA) with the Commodity Figures Trading Commission (CFTC) and is a member of the National Futures Association (NFA). Aegon AM NL is registered with the Netherlands Authority for the Financial Markets as a licensed fund management company and on the basis of its fund management license is also authorized to provide individual portfolio management and advisory services in certain jurisdictions. Aegon AM NL has also entered into a participating affiliate arrangement with Aegon AM US.

 

©2021 Aegon Asset Management or its affiliates. All rights reserved.

 

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Author: PR Team
Published On: 02/11/2021
Minute Read: 3