Browsing Tag
Net-Zero Banking Alliance
6 posts
Net-Zero Banking Alliance dissolves amid US political pressure
The Net-Zero Banking Alliance (NZBA) has voted to cease operations with immediate effect, following months of attrition as…
Royal Bank of Canada abandons sustainable finance targets
The Royal Bank of Canada (RBC), the country’s largest lender, has withdrawn its sustainable finance goals, citing recent…
SMFG first Japanese bank to withdraw from global climate banking alliance
Sumitomo Mitsui Financial Group Inc. (SMFG) has become the first Japanese bank to exit the Net-Zero Banking Alliance…
Net-Zero Banking Alliance mulls major overhaul amidst wave of exits
The Net-Zero Banking Alliance – the world’s largest climate-finance group for banks – is weighing significant changes to…
Macquarie Group exits Net-Zero Banking Alliance amid growing bank withdrawals
Australia’s Macquarie Group has announced its departure from the Net-Zero Banking Alliance (NZBA), becoming the latest financial institution…
10 US State Attorneys General warn financial institutions over DEI and ESG policies
Texas Attorney General Ken Paxton, along with 10 other state attorneys general, has issued a warning to major…
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