BOSTON, US - Media OutReach - 21 November 2022 - Grantham, Mayo, Van Otterloo LLC (GMO), a global investment manager, has released its initial net zero targets and transition plan. In October 2021, GMO became a signatory of the Net Zero Asset Managers initiative (NZAM) and committed to reducing GMO investment portfolios' net emissions to zero by 2050 or sooner, in line with efforts to limit global warming to 1.5 degrees Celsius.