Tag: NZBA

Global banks abandon NZBA climate commitments

The global banking industry’s leading climate initiative, the Net Zero Banking Alliance (NZBA), has announced its immediate closure following a wave of member departures...

Banks weigh NZBA transition to global framework

The Net-Zero Banking Alliance (NZBA) has announced that it has launched a member vote to decide on a significant shift in its operating model....

Net-Zero Banking Alliance evolves to support banks amid rising climate reporting...

The Net-Zero Banking Alliance (NZBA), a leading global initiative aimed at aligning banking activity with the Paris Agreement climate goals, has confirmed that its...

Sumitomo Mitsui exits Net Zero Banking Alliance amid global shifts

Sumitomo Mitsui Financial Group (SMFG), the second-largest bank in Japan, has announced its withdrawal from the Net-Zero Banking Alliance (NZBA), a significant move that marks the first exit by a Japanese bank from this UN-backed initiative.

Macquarie parts ways with Net-Zero Banking Alliance in strategic pivot

Macquarie Group has officially withdrawn from the Net-Zero Banking Alliance (NZBA), marking a significant shift in its climate strategy.

Members of the Net Zero Banking Alliance update climate targets

In a move to combat climate change, members of the Net Zero Banking Alliance have voted to update their Guidelines for Climate Target Setting.

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