10/30/2025 | Press release | Distributed by Public on 10/30/2025 06:01
After a review of the revised Net Zero Asset Managers (NZAM) commitments, State Street Investment Management will redefine its signatory status with NZAM to State Street Investment Management's European entities. Going forward, only the following State Street Investment Management entities will be signatories to NZAM:
This redefinition of our NZAM signatory status will have no impact on our commitment to delivering sustainable investing solutions to our clients who hire us for our sustainable investment and reporting expertise and capabilities to help them achieve their net-zero goals.
The commitments made by State Street Investment Management's European entities as part of their NZAM membership are subject to our fiduciary duties to our clients as well as our clients' interest in pursuing net zero investment strategies. State Street Investment Management Europe remains independent at all times in making investment decisions, developing its proxy voting and engagement policies and voting its clients' proxies.
A copy of our side letter with NZAM is available here.