Aegon announced updated net-zero targets for 2030, reinforcing its commitment to transition its general account investment portfolio, valued at approximately EUR 70 billion, to net-zero greenhouse gas emissions by 2050. These new goals build upon existing targets for year-end 2024, which the company expects to meet.
The 2030 targets are aligned with the latest guidance from the United Nations-convened Net-Zero Asset Owner Alliance (NZAOA), of which Aegon is a member. This framework provides science-based goals consistent with the Paris Agreement, demonstrating a structured approach to climate action.
Aegon plans to continue updating its targets in five-year intervals beyond 2030, in line with NZAOA guidelines. This strategic move integrates sustainability into the company's investment approach and responsible investment policy, reflecting a long-term environmental commitment.
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