Asset with emissions intensity required by the sector and regional pathway for 2050 and whose operational model will maintain this performance.
Asset with emissions intensity required by the sector and regional pathway for 2050 and whose operational model will maintain this performance.
Emissions performance: Current and forecast emissions performance (scope 1, 2 and material scope 3) relative to a net zero benchmark/pathway or an asset’s science-based target. An aligned asset would need to see emissions decline consistent with targets set to converge an asset with a net zero pathway.
Decarbonisation plan: Development and implementation of a quantified plan setting out a decarbonisation strategy for scope 1, 2, and material scope 3.
Governance: Governance/management responsibility for targets and decarbonisation plan.
Disclosure: Disclosure of scope 1 and 2 emissions, and disclosure of material scope 3, in line with regulatory requirements where applicable or the PCAF Standard.
Targets: Short and medium term targets for scope 1, 2 and material scope 3 emissions in line with science-based ‘net zero’ pathway. These may be absolute, or intensity based: a) where available, a sectoral decarbonisation / carbon budget approach should be used; b) minimum for other assets is a global or regional average pathway.
Ambition: A long term goal consistent with the global goal of achieving net zero by 2050.
*Additional alignment criteria that a corporate within a high impact material sector needs to meet.
Explore further IIGCC resources which offer additional guidance or information which is complimentary to the use of NZIF.
Asset managers committed to aligning investments with net zero by 2050 or sooner.
Asset owners committed to transition investments to achieve net zero by 2050 or sooner.
Helps members to effectively integrate climate risks and opportunities.
Guidance on managing the impact of physical climate risks in investment portfolios.