{"id":17218,"date":"2021-12-14T18:54:35","date_gmt":"2021-12-14T17:54:35","guid":{"rendered":"https:\/\/reclaimfinance.org\/site\/?p=17218"},"modified":"2023-02-08T15:52:21","modified_gmt":"2023-02-08T14:52:21","slug":"asset-owners-fail-to-nail-engagement","status":"publish","type":"post","link":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/","title":{"rendered":"Net Zero Asset Owners fail to nail engagement"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1216.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p style=\"text-align: justify;\"><span style=\"color: #8ac56b;\"><b>Asset owners committed to carbon neutrality are failing to push polluting companies to decarbonize. That\u2019s the finding of new <span style=\"color: #8ac56b;\"><u><a style=\"color: #8ac56b;\" href=\"https:\/\/static1.squarespace.com\/static\/60301b2e06d5ed68d7b687a2\/t\/61af7577a744975c0df8f1ad\/1638888845360\/NZAOA+Voting+and+Benchmarks+Report.pdf\">research<\/a><\/u><\/span> published by Critical Climate Votes &#8211; a Sunrise project initiative &#8211; which contrasts the Net Zero Asset Owner Alliance\u2019s (NZAOA) pro-engagement discourse with its members\u2019 actual voting practices on climate. Surprisingly, joining the Alliance does not improve members\u2019 voting records. The report also points out the lack of transparency regarding how asset owners cast their votes and monitor the implementation of their voting mandates by service providers. Reclaim Finance supports the report\u2019s recommendations. We also call on the alliance to equip itself with the right tools to make sure its members achieve real-world impacts through engagement: strengthening its target-setting and monitoring protocols is needed for the alliance to remain credible.<\/b><\/span><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-title title fusion-title-1 fusion-title-text fusion-title-size-one\" style=\"--awb-text-color:#59bc6d;--awb-margin-bottom:15px;--awb-font-size:16px;\"><div class=\"title-sep-container title-sep-container-left fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><div class=\"title-sep sep- sep-solid\" style=\"border-color:#3e3e3e;\"><\/div><\/div><span class=\"awb-title-spacer fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><\/span><h1 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;font-size:1em;--fontSize:16;--minFontSize:16;line-height:1.4;\"><span style=\"color: #59bc6d;\"><strong>Talking the talk, but not walking the walk<\/strong><\/span><\/h1><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep- sep-solid\" style=\"border-color:#3e3e3e;\"><\/div><\/div><\/div><div class=\"fusion-text fusion-text-2\"><p>The report examines 46 asset owners that were part of the NZAOA in September 2021 (the UN-backed group now has 61 members \u2013 including 10 French investors (1) \u2013 managing $10 trillion). While the NZAOA puts a lot of emphasis on engagement (2), the findings underscore three main weaknesses in members\u2019 voting practices on climate:<\/p>\n<div>\n<ul>\n<li style=\"text-align: justify;\"><b>A lack of direct involvement<\/b> \u2013 Out of 46 asset owners part of the NZAOA only 13 of them directly exercise their voting rights on climate-related shareholder proposals. In a <u><a href=\"https:\/\/www.unepfi.org\/news\/response-to-the-sunrise-project-publication-by-net-zero-asset-owner-alliance-chair\/\">response<\/a><\/u> to the report, the NZAOA explains that \u201cengagement is often executed through asset managers\u201d and recalls that it has published proxy voting engagement <u><a href=\"https:\/\/www.unepfi.org\/wordpress\/wp-content\/uploads\/2021\/04\/16-Elevating-Climate-Diligence-2.pdf\">guidelines<\/a><\/u> to help asset owners engaging asset managers on their voting programs. We consider that delegating votes to asset managers is a legitimate choice, but this should not mean signing a blank check. However, the report finds a large proportion of NZAOA members have little insight into how their voting mandates are being exercised by service providers (3) and the alliance\u2019s guidelines fall short of guaranteeing effective, Paris-aligned proxy voting practices (4).<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify;\"><b>A lack of ambition<\/b> \u2013 NZAOA members were early adopters of climate stewardship strategies but joining the NZAOA did not improve their voting record on climate compared to non-member peers. All asset owners are more likely to vote in favor of climate resolutions at fossil fuel companies. However, this voting behavior only applies to weak management resolutions on climate reporting or inadequate \u201cclimate plans\u201d, but not to shareholder resolutions asking major oil &amp; gas companies to set ambitious quantitative targets to reduce emissions. This suggests that asset owners remain reluctant to push emitters to actually shift their business models to align with 1.5\u00b0C.<\/li>\n<\/ul>\n<ul>\n<li style=\"text-align: justify;\"><b>A lack of transparency<\/b> \u2013 39% of NZAOA members do not make public how voting decisions are typically being made and about two-thirds of them do not publish a formal escalation strategy that would link demands with increasingly stringent sanctions ultimately leading to divestment.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">In short, the report provides yet another example of the <u><a href=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/11\/FINAL_GFANZ_Report_02_11_21.pdf\">shortcomings of finance\u2019s flagship initiatives<\/a><\/u> to address the climate crisis: net zero alliances generally struggle to translate principles into concrete action from their members.<\/p>\n<\/div>\n<\/div><div class=\"fusion-title title fusion-title-2 fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:#59bc6d;--awb-margin-top:10px;--awb-margin-bottom:15px;--awb-font-size:16px;\"><div class=\"title-sep-container title-sep-container-left fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><div class=\"title-sep sep- sep-solid\" style=\"border-color:#3e3e3e;\"><\/div><\/div><span class=\"awb-title-spacer fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><\/span><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;font-size:1em;--fontSize:16;--minFontSize:16;line-height:1.5;\"><b><\/b><\/p>\n<p>The case of AXA: weak and <u>inconsistent <\/u>voting record<\/p><\/h2><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep- sep-solid\" style=\"border-color:#3e3e3e;\"><\/div><\/div><\/div><div class=\"fusion-text fusion-text-3\"><p style=\"text-align: justify;\"><b>The French insurer AXA is a prominent member of the NZAOA. It also encapsulates the report\u2019s findings on the lack of ambition of alliance members\u2019 climate voting practices, especially when it comes to fossil fuel companies.<\/b> At Shell\u2019s 2021 Annual General Meeting (AGM), AXA voted against a shareholder resolution requiring the oil &amp; gas major to set emissions reductions targets in line with the Paris Agreement. At the very same AGM, AXA approved the so-called climate plan proposed by management, which allows the company to invest billions of dollars in upstream oil and gas and to exclude petrochemicals from its emissions targets (5).<\/p>\n<p style=\"text-align: justify;\">The report\u2019s findings on AXA\u2019s problematic voting behavior at Shell can be generalized to the entire fossil fuel industry. In 2021, AXA proved it could back ambitious shareholder resolutions on climate at ConocoPhillips and Chevron (6). However, the asset owner also voted in favor of TotalEnergies\u2019 failing climate plan (7), just days after co-signing a statement denouncing the plan\u2019s shortcomings (8).<\/p>\n<\/div><div class=\"fusion-title title fusion-title-3 fusion-title-text fusion-title-size-two\" style=\"--awb-text-color:#59bc6d;--awb-margin-top:10px;--awb-margin-bottom:15px;--awb-font-size:16px;\"><div class=\"title-sep-container title-sep-container-left fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><div class=\"title-sep sep- sep-solid\" style=\"border-color:#3e3e3e;\"><\/div><\/div><span class=\"awb-title-spacer fusion-no-large-visibility fusion-no-medium-visibility fusion-no-small-visibility\"><\/span><h2 class=\"fusion-title-heading title-heading-left fusion-responsive-typography-calculated\" style=\"margin:0;font-size:1em;--fontSize:16;--minFontSize:16;line-height:1.5;\"><b><\/b><\/p>\n<p>Missing the mark: a flawed target-setting and monitoring protocols<\/p><\/h2><span class=\"awb-title-spacer\"><\/span><div class=\"title-sep-container title-sep-container-right\"><div class=\"title-sep sep- sep-solid\" style=\"border-color:#3e3e3e;\"><\/div><\/div><\/div><div class=\"fusion-text fusion-text-4\"><p style=\"text-align: justify;\">Faced with these challenges regarding engagement and voting, the NZAOA could have put in place remediation measures, especially through its target-setting protocol. Indeed, the NZAOA requires its members to set alignment targets and report their performance on four pillars: engagement, sector targets, (sub-)portfolio emissions and financing the transition. On engagement, the NZAOA\u2019s target-setting protocol falls short of defining what effective engagement entails (9). The overwhelming majority of proposed targets are focused on means of implementation instead of results. Under the Alliance\u2019s protocol, an asset owner can justify the effectiveness of its engagement policy simply by reporting on the number of bilateral and collaborative engagements it supported, the number of asset managers it engaged, or even the frequency of its contributions to NZAOA position papers. <b>The concrete outcomes of each engagement, or lack thereof, do not really matter.<\/b><\/p>\n<p style=\"text-align: justify;\">Additionally, the framework fails to clarify what would be appropriate escalation tactics and does not reckon with \u2013 nor does it track \u2013 asset owners\u2019 ability to have a direct influence through the submission and championing of climate resolutions. Finally, and despite engagement targets being the only mandatory ones under the target-setting protocol, only 30 members out of 61 members have set such targets for 2025.<\/p>\n<\/div><div class=\"fusion-text fusion-text-5\"><p style=\"text-align: justify;\"><span style=\"color: #8ac56b;\"><b>Sometimes described at the \u201cgold standard\u201d of net zero alliances, the NZAOA has a specific responsibility to address the structural shortcomings of its members\u2019 engagement approach, notably on the voting-related issues highlighted by Critical Climate Votes\u2019 report. Reclaim Finance supports this report\u2019s conclusions and we call on the alliance to equip itself with the right tools to make sure its members achieve real-world impacts through engagement.<\/b><\/span><\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:0px;--awb-padding-left:10px;--awb-overflow:hidden;--awb-bg-size:cover;--awb-border-color:#ffffff;--awb-border-top:1px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-border-radius:10px 10px 10px 10px;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-6\"><p><b><u>Notes:<br \/>\n<\/u><\/b><\/p>\n<p>(1) Axa, BNP Paribas Cardif, CDC, CNP Assurances, CA Assurances, ERAFP, IRCANTEC, MAIF, Scor, and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale Assurances.<\/p>\n<p>(2) For example, engagement is the only mandatory pillar of the alliance\u2019s target setting protocol and its Chair recently declared that \u201conly through engagement (and not through divestment), can real-world impacts be achieved, and real-world emissions are reduced swiftly\u201d (<u><a href=\"https:\/\/www.unepfi.org\/news\/industries\/investment\/net-zero-asset-owner-alliance-responds-to-reclaim-finances-cop26-report\/\">source<\/a><\/u>).<\/p>\n<p>(3) Among NZAOA members who report that they hire service providers, 75% do not disclose publicly whether they review their advisors\u2019 voting recommendations and 52% of Net Zero Asset Owners Alliance members do not disclose how many votes they cast by themselves or are cast on their behalf.<\/p>\n<p>(4) See <a href=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/04\/Joint-letter-to-investors-on-Shell-resolution-Feb-2021-26.02-final.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"><u>our analysis<\/u><\/a> of Shell\u2019s climate transition plan and open letter to investors.<\/p>\n<p>(5) The guidelines are not binding and mainly focus on processes rather than content. This contrasts with the recent \u201c<a href=\"https:\/\/www.cop26declaration.uk\/\"><u>COP26 declaration<\/u><\/a>\u201d by which 26 asset owners pledged to follow strict criteria and enforce ambitious Paris-aligned demands when selecting asset managers).<\/p>\n<p>(6) AXA voted against management, in favor of shareholder resolutions requesting emissions reduction targets at ConocoPhilipps and Chevron, as well as a report on a Net Zero scenario at Chevron.<\/p>\n<p>(7) A plan that dedicates 80% of capital investment to oil and gas and allows for controversial projects in East Africa and the Artic to go on.<\/p>\n<p>(8) AXA had already demonstrated that it cared more about the appearance of climate action than the reality of it when it voted against a shareholder climate resolution at TotalEnergies\u2019 previous AGM in 2020.<\/p>\n<p>(9) Beyond engagement, the target-setting protocol disregards the need to swiftly phase out coal and to immediately end investments in new fossil fuel supply projects (<a href=\"https:\/\/reclaimfinance.org\/site\/en\/2021\/10\/29\/nzaoa-updated-guidance-old-ways\/\"><u>https:\/\/reclaimfinance.org\/site\/en\/2021\/10\/29\/nzaoa-updated-guidance-old-ways\/<\/u><\/a>).<\/p>\n<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><\/div><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1216.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><\/div><\/p>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1216.8px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":28,"featured_media":17268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[222],"tags":[872,940,733,874],"acteurs_financiers":[2448],"thematique":[],"webinar_type":[],"programme":[],"class_list":["post-17218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog_en","tag-engagement","tag-net-zero","tag-net-zero-asset-owner-alliance","tag-voting","acteurs_financiers-asset-owners"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Net Zero Asset Owners fail to nail engagement - Reclaim Finance<\/title>\n<meta name=\"description\" content=\"Asset owners committed to net zero are failing to push polluting companies to decarbonize, finds new research from Critical Climate Votes.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Net Zero Asset Owners fail to nail engagement - Reclaim Finance\" \/>\n<meta property=\"og:description\" content=\"Asset owners committed to net zero are failing to push polluting companies to decarbonize, finds new research from Critical Climate Votes.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/\" \/>\n<meta property=\"og:site_name\" content=\"Reclaim Finance\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ReclaimFinanceONG\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-14T17:54:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-08T14:52:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ReclaimFinance\" \/>\n<meta name=\"twitter:site\" content=\"@ReclaimFinance\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/#\/schema\/person\/dbd09d024c848def6a64be0b4ace9786\"},\"headline\":\"Net Zero Asset Owners fail to nail engagement\",\"datePublished\":\"2021-12-14T17:54:35+00:00\",\"dateModified\":\"2023-02-08T14:52:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/\"},\"wordCount\":3054,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/#organization\"},\"image\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png\",\"keywords\":[\"engagement\",\"net zero\",\"Net-Zero Asset Owner Alliance\",\"voting\"],\"articleSection\":[\"Articles\"],\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/\",\"url\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/\",\"name\":\"Net Zero Asset Owners fail to nail engagement - Reclaim Finance\",\"isPartOf\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png\",\"datePublished\":\"2021-12-14T17:54:35+00:00\",\"dateModified\":\"2023-02-08T14:52:21+00:00\",\"description\":\"Asset owners committed to net zero are failing to push polluting companies to decarbonize, finds new research from Critical Climate Votes.\",\"breadcrumb\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#primaryimage\",\"url\":\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png\",\"contentUrl\":\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png\",\"width\":900,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\/\/reclaimfinance.org\/site\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Net Zero Asset Owners fail to nail engagement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/#website\",\"url\":\"https:\/\/reclaimfinance.org\/site\/\",\"name\":\"Reclaim Finance\",\"description\":\"Reprendre le contr\u00f4le de la finance pour le climat et la biodiversit\u00e9\",\"publisher\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/reclaimfinance.org\/site\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/#organization\",\"name\":\"Reclaim Finance\",\"url\":\"https:\/\/reclaimfinance.org\/site\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/03\/logo_RC_space.png\",\"contentUrl\":\"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/03\/logo_RC_space.png\",\"width\":800,\"height\":800,\"caption\":\"Reclaim Finance\"},\"image\":{\"@id\":\"https:\/\/reclaimfinance.org\/site\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ReclaimFinanceONG\",\"https:\/\/x.com\/ReclaimFinance\",\"https:\/\/www.instagram.com\/reclaimfinance\/\",\"https:\/\/www.linkedin.com\/company\/reclaim-finance-ong-think-tank\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/#\/schema\/person\/dbd09d024c848def6a64be0b4ace9786\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\/\/reclaimfinance.org\/site\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/84f25c90b0db91b615a598cb16c83cdf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/84f25c90b0db91b615a598cb16c83cdf?s=96&d=mm&r=g\",\"caption\":\"admin\"},\"url\":\"https:\/\/reclaimfinance.org\/site\/author\/admin-2\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Net Zero Asset Owners fail to nail engagement - Reclaim Finance","description":"Asset owners committed to net zero are failing to push polluting companies to decarbonize, finds new research from Critical Climate Votes.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/","og_locale":"fr_FR","og_type":"article","og_title":"Net Zero Asset Owners fail to nail engagement - Reclaim Finance","og_description":"Asset owners committed to net zero are failing to push polluting companies to decarbonize, finds new research from Critical Climate Votes.","og_url":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/","og_site_name":"Reclaim Finance","article_publisher":"https:\/\/www.facebook.com\/ReclaimFinanceONG","article_published_time":"2021-12-14T17:54:35+00:00","article_modified_time":"2023-02-08T14:52:21+00:00","og_image":[{"width":900,"height":400,"url":"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png","type":"image\/png"}],"author":"admin","twitter_card":"summary_large_image","twitter_creator":"@ReclaimFinance","twitter_site":"@ReclaimFinance","twitter_misc":{"\u00c9crit par":"admin","Dur\u00e9e de lecture estim\u00e9e":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#article","isPartOf":{"@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/"},"author":{"name":"admin","@id":"https:\/\/reclaimfinance.org\/site\/#\/schema\/person\/dbd09d024c848def6a64be0b4ace9786"},"headline":"Net Zero Asset Owners fail to nail engagement","datePublished":"2021-12-14T17:54:35+00:00","dateModified":"2023-02-08T14:52:21+00:00","mainEntityOfPage":{"@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/"},"wordCount":3054,"commentCount":0,"publisher":{"@id":"https:\/\/reclaimfinance.org\/site\/#organization"},"image":{"@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#primaryimage"},"thumbnailUrl":"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png","keywords":["engagement","net zero","Net-Zero Asset Owner Alliance","voting"],"articleSection":["Articles"],"inLanguage":"fr-FR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/","url":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/","name":"Net Zero Asset Owners fail to nail engagement - Reclaim Finance","isPartOf":{"@id":"https:\/\/reclaimfinance.org\/site\/#website"},"primaryImageOfPage":{"@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#primaryimage"},"image":{"@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#primaryimage"},"thumbnailUrl":"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png","datePublished":"2021-12-14T17:54:35+00:00","dateModified":"2023-02-08T14:52:21+00:00","description":"Asset owners committed to net zero are failing to push polluting companies to decarbonize, finds new research from Critical Climate Votes.","breadcrumb":{"@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/"]}]},{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#primaryimage","url":"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png","contentUrl":"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2021\/12\/1.-BANNER-SITEWEB-3.png","width":900,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/reclaimfinance.org\/site\/en\/2021\/12\/14\/asset-owners-fail-to-nail-engagement\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/reclaimfinance.org\/site\/"},{"@type":"ListItem","position":2,"name":"Net Zero Asset Owners fail to nail engagement"}]},{"@type":"WebSite","@id":"https:\/\/reclaimfinance.org\/site\/#website","url":"https:\/\/reclaimfinance.org\/site\/","name":"Reclaim Finance","description":"Reprendre le contr\u00f4le de la finance pour le climat et la biodiversit\u00e9","publisher":{"@id":"https:\/\/reclaimfinance.org\/site\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/reclaimfinance.org\/site\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"fr-FR"},{"@type":"Organization","@id":"https:\/\/reclaimfinance.org\/site\/#organization","name":"Reclaim Finance","url":"https:\/\/reclaimfinance.org\/site\/","logo":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/reclaimfinance.org\/site\/#\/schema\/logo\/image\/","url":"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/03\/logo_RC_space.png","contentUrl":"https:\/\/reclaimfinance.org\/site\/wp-content\/uploads\/2020\/03\/logo_RC_space.png","width":800,"height":800,"caption":"Reclaim Finance"},"image":{"@id":"https:\/\/reclaimfinance.org\/site\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ReclaimFinanceONG","https:\/\/x.com\/ReclaimFinance","https:\/\/www.instagram.com\/reclaimfinance\/","https:\/\/www.linkedin.com\/company\/reclaim-finance-ong-think-tank"]},{"@type":"Person","@id":"https:\/\/reclaimfinance.org\/site\/#\/schema\/person\/dbd09d024c848def6a64be0b4ace9786","name":"admin","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/reclaimfinance.org\/site\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/84f25c90b0db91b615a598cb16c83cdf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/84f25c90b0db91b615a598cb16c83cdf?s=96&d=mm&r=g","caption":"admin"},"url":"https:\/\/reclaimfinance.org\/site\/author\/admin-2\/"}]}},"_links":{"self":[{"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/posts\/17218"}],"collection":[{"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/comments?post=17218"}],"version-history":[{"count":0,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/posts\/17218\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/media\/17268"}],"wp:attachment":[{"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/media?parent=17218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/categories?post=17218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/tags?post=17218"},{"taxonomy":"acteurs_financiers","embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/acteurs_financiers?post=17218"},{"taxonomy":"thematique","embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/thematique?post=17218"},{"taxonomy":"webinar_type","embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/webinar_type?post=17218"},{"taxonomy":"programme","embeddable":true,"href":"https:\/\/reclaimfinance.org\/site\/wp-json\/wp\/v2\/programme?post=17218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}