NZAM Updates Signatory Requirements And Acknowledges "What Has Always Been The Case"

On October 29, the Net Zero Asset Managers (NZAM) initiative announced the completion of its comprehensive review, which it publicized in January of this year, to ensure that NZAM "remain[ed] fit for purpose in the new global context" amidst the growing regulatory pressure and political scrutiny. Following key signatory departures, NZAM decided to suspend its activities, including its tracking of signatory implementation and reporting, and remove its commitment statement and list of NZAM signatories, as well as their targets and related case studies, from its website.

Following its review, which involved a number of signatory and non-signatory asset managers and asset owners, NZAM announced that it had shared an updated commitment statement and a plan to resume its target and implementation activities and signatory listing in January 2026.