First net zero guidance released for private equity portfolios

Institutional Investors Group on Climate Change extends its Net Zero Investment Framework with draft guidance for private equity firms

Efforts to encourage private equity firms to emulate other parts of the investment community and develop net zero targets and strategies took a step forward today, with the publication of what is being described as the first detailed guidance on how to develop net zero emission private equity portfolios. The Institutional Investors Group on Climate Change (IIGCC) announced it has published a new component for the Paris Aligned Investment Initiative's (PAII) Net Zero Investment Framework (NZIF), providing guidance on aligning private equity portfolios with net zero that is relevant to bot...