GFANZ

The NZBA's decision to cease operations has been described as both 'sustainability backsliding' and a necessary 'course correction' - but what happens now for the organisation and the banking industry's net zero transition?

Net Zero Asset Managers initiative waters down membership requirements as it announces plans to relaunch in early 2026

NZBA members to vote on proposal to 'transition from a membership-based alliance to establishing its guidance as a new framework initiative'

Decision to 'water down' standards at 120-strong global banking group criticised as short-sighted by campaigners

More than 130 of the world's top banks in the Alliance are expected to be asked to vote on rowing back their climate goals in response to intensifying backlash against ESG policies

The collapse of the idea that a voluntary alliance of financial sector firms could drive sufficient climate and nature ambition is an opportunity to focus on the real issues, writes Finance Innovation Lab's Jon Dennis.

Move means the six largest US banks have now quit the influential group following pressure from Republican politicians

It's back to school day - here are five major stories from across the green economy you may missed over the festive period

Glasgow Financial Alliance for Net Zero announces plan to restructure and ramp up efforts to boost clean energy investment, but campaigners warn group is watering down membership criteria

Guidance builds on established work on climate and net zero transition planning guidance for businesses, according to Taskforce on Nature-related Financial Disclosures (TNFD)