Glasgow Financial Alliance for Net Zero

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

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

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

Eighteen organisations spanning breadth of financial service industry form financial sector’s newest climate-focused coalition

Net Zero Insurance Alliance is fourth major net zero focused alliance launched in the financial sector over the last two years

GFANZ aims to ensure commitments across all parts of the financial sector are ‘coordinated and ambitious’, but campaigners warn scheme falls short of aligning sector's activity with global climate goals