The climate collaboration fall out – Barnett Waddingham

Clare Keefee and Pete Smith outline why leading asset managers are leaving climate initiatives like Net Zero Asset Manager (NZAM), the impact on climate commitments and actionable steps for investors to take.

Only members with restricted access (ie. academics, asset owners, government and regulatory, independent advisers/trustees and sponsoring employers) can view this article. Please login or join to view.

... In mid-January 2025, Barnett Waddingham saw the NZAM initiative suspend its activities following a wave of asset managers exiting the group.

So, is NZAM just a victim of culture wars or is there a more serious move away from climate commitments by asset managers that investors need to be aware of and potentially worried about?

Learn more here