Why alternative investment funds should remain committed to SBTs

Has economic uncertainty slowed progress towards net zero?

Our latest research reveals that the urgency among alternative investment funds (AIFs) to adopt science-based targets has dimmed since last year. But their long-term commitment to net zero is unchanged. 

AIFs have a key role to play in the decarbonisation of the global economy. Last year, we showed that many see SBTs as a valuable framework with which to align their portfolios with global net zero goals.

But how has the economic uncertainty of the last year affected their progress in adopting SBTs? To find out, we surveyed 125 key influencers in the alternative investment funds industry again earlier this year.

The survey revealed that worsening economic conditions have provided an additional barrier to the adoption of SBTs since last year, and that the urgency among AIFs who have yet to implement them has slowed. 

But the industry’s strategic commitment to net zero is unchanged. As our report explores, AIFs should maintain their focus on SBTs this year to ensure their long-term ESG investment goals can be achieved.