As the world confronts the impacts of global warming,
climate and sustainability goals are now key components of future
oriented financial planning.
In fact, top asset management companies are increasingly aligning
their strategies to achieve net zero portfolios by 2050.
It can also help identify new investment opportunities, climate related risks
and decarbonization levers that, in turn, can help cut costs within the portfolio.
And there's more.
Net zero asset owners are seen as great partners
for Co-investors and has attractive employers for talent.
Our research has found that globally, a total of 100 to $150 trillion
is needed over the next three decades to decarbonize industries.
Now is the time for forward thinking asset managers and asset owners to act.
And as the principal strategy and action partner to COP28 here at BCG,
we are proud to support the GCC region as it continues to drive the net zero agenda forward.