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ESG Watch: Investor climate group reborn with weaker pledges

Reuters quotes Sloane Ortel on the Net Zero Asset Managers initiative's relaunch with reduced commitments, calling it a walk-back: 'There are no targets, no formal pledges.'

By Mike Scott

Originally published in Reuters on March 10, 2026

The Net Zero Asset Managers initiative relaunched with 250 signatories after suspending activities a year ago — but with reduced commitments, no 2050 net zero deadline, and no interim 2030 targets. Sloane Ortel, chief investment officer at Utah-based Ethical Capital, called it a walk-back: “There are no targets, no formal pledges. Instead of organising towards a specific goal, they’re organising in a (general) direction.”


Read the full article: Reuters — ESG Watch: Investor climate group reborn with weaker pledges

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