“The Net-Zero Asset Owner Alliance (NZAOA) has called for mandatory regulation to overcome data and disclosure challenges related to Scope 3 emissions. The UN-convened initiative, which represents 89 investors managing $9.5 trillion in assets, has advocated for regulatory change while also outlining five steps for asset owners to enhance Scope 3 emissions reporting. The NZAOA urged asset owners to push for improved emissions disclosures from issuers, including independently verified or audited annual Scope 3 emissions estimates, and to shift towards investments in underlying issuers with approved Scope 3 targets.
Morten W. Langer
