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GFANZ

Glasgow Financial Alliance for Net Zero: Campaigners voice fears group is becoming a 'smokescreen'

Investment

Glasgow Financial Alliance for Net Zero: Campaigners voice fears group is becoming a 'smokescreen'

Leading campaign groups write to co-chairs Mark Carney and Michael Boomberg urging them to strengthen membership requirements for financial firms still investing in coal

clock 21 April 2022 • 4 min read
SBTi kicks off development process for new net zero finance standard

Carbon Accounting

SBTi kicks off development process for new net zero finance standard

Publication of foundations paper marks major milestone in standards body’s drive to create new standard that can bring more credibility to financial sector net zero targets

clock 14 April 2022 • 3 min read
Why are climate-committed banks living in a fuel's paradise?

Investment

Why are climate-committed banks living in a fuel's paradise?

The world's biggest banks are struggling to live up to their net zero commitments, and activists have noticed

clock 08 April 2022 • 7 min read
How global business could be the unexpected COP26 solution to climate change

Investment

How global business could be the unexpected COP26 solution to climate change

The Glasgow Financial Alliance for Net Zero (GFANZ) offers a potential model for harnessing the financial world to reach net zero, explains Athabasca University's F. Haider Alvi

clock 30 November 2021 • 4 min read
Zurich pledges not to underwrite new oil exploration projects

Risk

Zurich pledges not to underwrite new oil exploration projects

Major win for campaigners, as insurance giant further tightens fossil fuel underwriting policies

clock 19 November 2021 • 2 min read
$130tr net zero pledge a 'hot air' commitment, experts fear

Investment

$130tr net zero pledge a 'hot air' commitment, experts fear

Campaigners raise concerns over climate pledges from GFANZ’ network of top investors

clock 09 November 2021 • 2 min read
'We now have the essential plumbing in place': Carney-led finance coalition brings together $130tr of assets in pursuit of net zero

Investment

'We now have the essential plumbing in place': Carney-led finance coalition brings together $130tr of assets in pursuit of net zero

The Glasgow Financial Alliance for Net Zero (GFANZ) unveils progress report claiming 450 financial firms across 45 countries now committed to net zero

clock 03 November 2021 • 4 min read
'Fundamentally flawed': Campaigners slam financial sector net zero alliances ahead of COP26 finance day

Investment

'Fundamentally flawed': Campaigners slam financial sector net zero alliances ahead of COP26 finance day

Reclaim Finance publishes scathing assessment of various financial sector alliances – including UN-backed Net Zero Asset Owners Alliance - arguing groups are failing to act fast enough to curb investment in fossil fuels

clock 02 November 2021 • 6 min read
Glasgow Financial Alliance for Net Zero faces pressure to tighten fossil fuel rules

Investment

Glasgow Financial Alliance for Net Zero faces pressure to tighten fossil fuel rules

Over 90 green groups demand stricter membership rules for a raft of corporate financial net zero groups ahead of COP26

clock 07 October 2021 • 3 min read
Most read
01

HSBC AM head of responsible investing: 'Who cares if Miami is six metres under water in 100 years?'

20 May 2022 • 3 min read
02

Not so moral money?

20 May 2022 • 11 min read
03

Reports: HSBC suspends responsible investing head after controversial climate speech

23 May 2022 • 2 min read
04

HSBC AM's 'head of irresponsible investment' condemned over climate speech

20 May 2022 • 3 min read
05

'Inaction is a far costlier choice': How 3C of climate warming could cost global economy $178tr

24 May 2022 • 6 min read
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