IIGCC publishes Net Zero guidance for infrastructure asset class

Infrastructure intended to become the sixth asset class added to the Net Zero Investment Framework. The newly proposed guidance – applicable to asset owners and asset managers – covers scope, metrics and targets, and implementation actions. The guidance is consistent with the requirements of net zero commitments made under the Paris Aligned Asset Owners or Net Zero Asset Managers initiatives. The Institutional Investors Group on Climate Change (IIGCC) has today published a new component for the Paris Aligned Investment Initiative (PAII)’s Net Zero Investment Framework (NZIF), providing guidance on aligning and managing infrastructure portfolios with the goal of achieving global net zero emissions by 2050 or sooner. Since launching in March 2021, the Net Zero Investment Framework has followed a strategy of continued expansion through the addition of further asset classes. The new infrastructure component is intended to become the sixth asset class covered by the framework, with the others five as follows: listed equity and corporate fixed income, sovereign bonds, real estate and private equity.