Net Zero Banking Alliance: Most members failing to set sufficient climate goals, report warns

Elliot Gulliver-Needham
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

ShareAction warns many banks signed up to UN-affiliated Net Zero Banking Alliance are failing to set targets in line with a 1.5C pathway

The majority of members of the UN-affiliated Net Zero Banking Alliance are failing to set targets in line with a 1.5C global warming pathway, new research today from ShareAction claims. Only 16 per...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Grid flexibility specialist Voltalis unveils £1bn UK investment plan

Grid flexibility specialist Voltalis unveils £1bn UK investment plan

France-headquartered demand response firm says investment will aim to develop 5GW of capacity for UK residential and commercial buildings over next five years

clock 29 January 2025 • 2 min read
Global ESG fund flows reach highest quarterly inflows of 2024 in Q4 boom

Global ESG fund flows reach highest quarterly inflows of 2024 in Q4 boom

Contrary to negative headlines, new data shows ESG market continues to expand on the back of growing European investment

Sorin Dojan, Investment Week
clock 28 January 2025 • 3 min read
Schroders becomes first investor to adopt all Sustainability Disclosure Requirement labels

Schroders becomes first investor to adopt all Sustainability Disclosure Requirement labels

UK asset manager adopts all four SDR labels across a total of 16 of its funds

Linus Uhlig, Investment Week
clock 28 January 2025 • 2 min read