While carbon emissions have been increasing slowly despite efforts to bring them down, “net zero” commitments, however, have skyrocketed. Setting climate objectives used to be the appanage of public actors, but no longer. Investors are increasingly on board and net zero alliances exist for all kinds of financial institutions: asset owners, banks, asset managers. On top of that, at the COP26 in Glasgow, a net zero alliance of alliances will be launched “the Glasgow Financial Alliance for Net Zero”.
In the first ESG Thema paper, we answered the following questions: what is Net Zero, and what does it mean in practice for the economy. In this third ESG Thema, we seek to answer the following question: is the “net zero” wave a fad that will shortly pass, or a structural change that investors should study and incorporate? Hint: pick option 2