NZBA

Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Investment

Net Zero Banking Alliance: Triodos Bank exits group in protest at weakening of 1.5C guidelines

Ethical bank slams NZBA's decision to offer members more leeway in how they meet climate goals

clock 15 April 2025 • 6 min read
Reports: Net Zero Banking Alliance members to vote on ditching 1.5C pledge

Investment

Reports: Net Zero Banking Alliance members to vote on ditching 1.5C pledge

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

clock 12 March 2025 • 4 min read
JPMorgan joins exodus from Net Zero Banking Alliance

Investment

JPMorgan joins exodus from Net Zero Banking Alliance

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

clock 08 January 2025 • 3 min read
'Mobilising capital': GFANZ shifts focus, as exodus of US banks from net zero groups gathers pace

Investment

'Mobilising capital': GFANZ shifts focus, as exodus of US banks from net zero groups gathers pace

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

clock 06 January 2025 • 7 min read
Net Zero Banking Alliance: Most members failing to set sufficient climate goals, report warns

Investment

Net Zero Banking Alliance: Most members failing to set sufficient climate goals, report warns

ShareAction warns many banks signed up to UN-affiliated Net Zero Banking Alliance are failing to set targets in line with a 1.5C pathway

clock 08 November 2022 • 3 min read
NGOs step up calls for banks to restrict financing of fossil fuels

Net Zero Now

NGOs step up calls for banks to restrict financing of fossil fuels

NGOs write open letter to UN Environment Programme Finance Initiative (UNEP-FI) calling for bolder measures to ensure banks' net zero pledges are met

clock 16 September 2022 • 4 min read
Are Europe's leading banks flouting their net zero pledges?

Investment

Are Europe's leading banks flouting their net zero pledges?

New analysis reveals Net Zero Banking Alliance members funnelled $33bn towards expanding oil and gas production over past year, but banks insist they are working to reduce their exposure to fossil fuels

clock 14 February 2022 • 9 min read