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Showing 1 - 6 of 6 results for "NZBA"

ESG groups scramble to pivot

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
... leaving ESG groups scrambling to stay relevant. Following the exit of four Canadian banks, the Net-Zero Banking Alliance (NZBA) has now bade farewell to JPMorgan Chase, Royal Bank of Canada, and Scotiabank. NZBA confirmed the departures; it still has ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025  |  NEWS
... Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA). Northern Trust is the latest to depart both CA100+ and Net Zero Asset Managers initiative (NZAM); MFS Investment Management ...

GFANZ pivots amid climate alliance shake-up

ROSE MARY PETRASS  |  MONDAY, 13 JAN 2025  |  NEWS
... will focus on a different group which will no longer require members to adopt net zero targets. Net Zero Banking Alliance (NZBA) just lost Citigroup, Morgan Stanley, and Bank of America following the exit of Wells Fargo and Goldman Sachs late last year. ...

Asset managers move climate targets in-house

ROSE MARY PETRASS  |  THURSDAY, 12 DEC 2024  |  NEWS
Goldman Sachs (GS) and Franklin Templeton shed light on their departures from UN-convened Net Zero Banking Alliance (NZBA) and embattled climate group Climate Action 100+ (CA100+) respectively. GS said it would move its climate commitments to oversight ...

Westpac looks for next CSO

ROSE MARY PETRASS  |  THURSDAY, 6 JUN 2024  |  NEWS
... United Nations Environment Programme Finance Initiative (UNEP FI) Banking Board and the Net Zero Banking Alliance's (NZBA) governing Steering Group. The bank is now searching for the next chief sustainability officer. Her replacement will be tasked ...

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... part of a package of new net zero by 2050 commitments. Westpac has also joined the UN-convened Net-Zero Banking Alliance (NZBA) as part of these commitments. "For Westpac, our commitment to net-zero is about reducing our operational and financed emissions ...
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