Campbell Lutyens joins UN Net Zero Financial Services Provider Alliance as a founding member
Category: Company Year: 2021
22 September 2021
The newly formed alliance commits to aligning products and services to net zero by 2050.
Campbell Lutyens, one of the leading global private capital advisors, is proud to announce it has joined the United Nations (UN)-convened Net Zero Financial Services Provider Alliance (NZFSPA), a newly launched coalition of investment advisors, rating agencies, stock exchanges, index providers and auditors that have pledged to changing their core products and services to achieve net zero greenhouse gas emissions by 2050.
“Joining the UN Net Zero Service Provider Alliance builds on Campbell Lutyens’ longstanding commitment to working with fund managers to raise and advise on sustainable funds,” said Paula Langton, Partner and Head of Sustainability. “As we have for over 10 years, we continue to play a material role in the private capital ecosystem to ensure capital flows into the right places to address climate change.”
As a member of the Alliance, Campbell Lutyens has committed to align its advisory and fund placement services across infrastructure, private equity and private credit to achieve net zero greenhouse gas emissions by 2050, in line with the Paris Agreement. This action builds on Campbell Lutyens’ 10-year track record in sustainable investing advisory. The firm has closed or is currently advising on $14 billion in transactions directly contributing to Sustainable Development Goals.
In addition to aligning core products and services to support the transition to net zero greenhouse gas emissions, founding members of NZFSPA also committed to developing robust interim targets which reflect a 50% global reduction in carbon emissions by 2030.
The Alliance joins the Glasgow Financial Alliance for Net Zero (GFANZ), part of the United Nation’s Race to Zero campaign and will work in coordination with other existing alliances including the Net Zero Asset Owner Alliance, Paris Aligned Investment Initiative, Net Zero Bankers Alliance and the Net Zero Asset Managers Initiative.