??New data from engagements under the Net Zero Engagement Initiative (NZEI) shows significant developments, from company progress on target setting and emissions reductions to a growing number of investor signatories. More than half of focus companies companies made progress in quantifying the steps they have taken to reduce carbon emissions in the first reporting cycle. One in ten have either disclosed a transition plan for the first time or enhanced their disclosures to support existing plans. ??Read more: https://lnkd.in/ew5Jc76S ??What is NZEI? NZEI is an investor-led initiative aimed at helping IIGCC members align more of their individual investment portfolios with a net zero pathway – as set out by investor net zero commitments – through corporate engagement. It began with some 90 investors engaging with 107 companies in March 2023. With growth hard-wired, the initiative has scaled to more than 100 investors engaging with 160 companies, expanding its footprint further into Europe and emerging markets in Asia. ??Read our latest insight on the latest NZEI data and milestones ahead. #NZEI #NetZero #CollaborativeEngagement #SustainableFinance
