GFANZ

Move means the six largest US banks have now quit the influential group following pressure from Republican politicians

It's back to school day - here are five major stories from across the green economy you may missed over the festive period

Glasgow Financial Alliance for Net Zero announces plan to restructure and ramp up efforts to boost clean energy investment, but campaigners warn group is watering down membership criteria

Guidance builds on established work on climate and net zero transition planning guidance for businesses, according to Taskforce on Nature-related Financial Disclosures (TNFD)

Investors owning assets worth $9.5tr reassert commitment to transitioning to net zero emission portfolios

Decline marks first time emissions from investor portfolios have declined since group was established in 2019

Glasgow Financial Alliance for Net Zero launches consultation to create 'consistent' definitions that would guide financial institutions' decarbonisation efforts

Former Bank of England appointed by his GFANZ co-chair Michael Bloomberg to chair his eponymous company's board

Latest spate of departures from UN-convened climate initiative follows Swiss Re earlier this week, joining Zurich, Munich Re and Hannover Re on exit list in recent months

Reinsurance giant withdraws from UN-led climate initiative 'with immediate effect', following hot on the heels of Munich Re, Zurich and Hannover Re