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Showing 1 - 5 of 5 results for "Net Zero Banking Alliance"

Major climate group suspends operations

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025  |  NEWS
... outcome. Equivalent climate groups have seen an ongoing exodus of major asset managers. Most recently, the Net Zero Banking Alliance (NZAM) lost Citigroup, Morgan Stanley, and Bank of America. Citi said it had chosen to focus instead on its membership ...

GFANZ pivots amid climate alliance shake-up

ROSE MARY PETRASS  |  MONDAY, 13 JAN 2025  |  NEWS
... saying it 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 ...

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
Siobhan Toohill leaves Westpac next month after two years as chief sustainability officer and nine years as group head of sustainability previously. Toohill will also step back from participation as Westpac's representative on the United Nations Environment ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... to reducing its exposure to oil and gas in line with 2°C of warming. As a founding signatory to the Net Zero Banking Alliance, the firm previously stated it plans to align its portfolio with the Paris Agreement to limit the temperature increase to 1.5°C ...
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