Commitment: The Power of Dedication and Loyalty

This paper provides a starting point for psychological research on the sense of commitment within the context of joint action. We begin by formulating three desiderata: to illuminate the motivational factors that lead agents to feel and act committed, to pick out the cognitive processes and situational factors that lead agents to sense that implicit commitments are in place, and to illuminate the development of an understanding of commitment in ontogeny. In order to satisfy these three desiderata, we propose a minimal framework, the core of which is an analysis of the minimal structure of situations which can elicit a sense of commitment. We then propose a way of conceptualizing and operationalizing the sense of commitment, and discuss cognitive and motivational processes which may underpin the sense of commitment.

Commitment.

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Following the initial disclosure, signatories will then report annually to demonstrate implementation of the commitment and progress against their target. This will begin in the first reporting cycle following the 12-month disclosure and investors will report via CDP or PRI annual reporting processes, and the information will be publicly available. CDP and PRI are currently updating their reporting platforms to integrate the elements of the Net Zero Asset Managers initiative commitment. 2ff7e9595c