Global banks ‘stalling’ on climate action, LSE report finds
Global banks are falling short on their climate commitments, with most making ‘little progress’ or ‘weakened action’ on addressing climate…
Net Zero Banking Alliance
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End of Net Zero Banking Alliance an ‘unfortunate step backward’
The announcement that the Net Zero Banking Alliance (NZBA) is to cease operations is an “unfortunate step backward” at a…
Net Zero Banking Alliance pauses activities to call membership vote
The Net Zero Banking Alliance (NZBA) has said that it is ‘pausing its ongoing activities’ as it undertakes a membership…
Swiss bank UBS withdraws from Net-Zero Banking Alliance
UBS has become the latest bank to withdraw from the Net-Zero Banking Alliance (NZBA), following the departure of Barclays last…
Barclays the latest to withdraw from Net Zero Banking Alliance
Barclays has become the latest bank to withdraw from the Net Zero Banking Alliance (NZBA), citing the previous departure of…
New NZBA standards represent a ‘loosening of climate ambitions’
The Net Zero Banking Alliance‘s (NZBA) recent decision to revise its guidelines from a strict 1.5°C target to a more…
Canada’s RBC drops sustainable finance commitments
Royal Bank of Canada (RBC) has dropped its sustainable finance commitments, citing recent changes to the country’s Competition Act. In…
Withdrawal of banks from climate alliances risks eroding public trust
The exit of several high profile banks and investment firms from the Net Zero Banking Alliance (NZBA) risks eroding public…
Australia’s Macquarie pulls out of Net-Zero Banking Alliance
Australian bank Macquarie has announced it is withdrawing from the Net-Zero Banking Alliance (NZBA), a group of banks around the…