The One Planet Sovereign Wealth Funds network brings together nearly 50 of the world’s largest institutional investors, sovereign wealth funds and asset managers with over USD 37 trillion worth of assets under ownership or management.

The OPSWF Network provides a unique opportunity to share and learn from experience gained across the global financial community and to find common ground for action and stewardship as we work together to tackle the climate challenge. In 2023, OPSWF members continued their focus on important initiatives such as unlocking investments in renewable energy in emerging markets, introducing certification standards in the clean hydrogen industry, and accelerating disclosure of climate data in private markets.

Mubadala was a co-author and is a strong advocate of OPSWF's One Planet Climate Disclosure Guidance. This calls on private market asset managers to share information for better informed investment decision making. The One Planet Climate Disclosure Guidance provides clear and actionable articulation of increasing levels of climate data disclosure from private market asset managers. Its purpose is to offer guidance on disclosures to help implement Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

During the 6th Annual OPSWF CEO Summit in Paris in 2023, OPSWF Network members agreed to adopt the One Planet Climate Disclosure Guidance. They also welcomed the establishment of the Climate Data Steering Committee and the Net-Zero Data Public Utility (NZDPU) to improve the transparency and consistency of climate data.

Mubadala has requested that private markets asset managers meet the expectations of Level One of the One Planet Climate Disclosure Guidance, including estimating carbon footprint of underlying portfolio companies, for year-end 2023.