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#NZBA Ockham Longlist announced - congratulations to all listed www.nzbookawards.nz/new-zealand-... #KiaMāori #ReoMāori #Kikorangi #Wāhine #Kuia #MāoriSky #Skybrarian #BookSky #Kikorangi

BankTrack’s statement on the dissolution of the Net Zero Banking Alliance (NZBA) The announcement of the immediate dissolution of the Net Zero Banking Alliance finally puts an end to its sad spiral of decline. But very little will change in practice, as the NZBA had already…

The Net Zero Banking Alliance (NZBA) has officially dissolved, but little changes — it had already lost credibility. Banks won’t align with climate goals voluntarily, regulation is now essential.
#NZBA #ClimateFinance

www.banktrack.org/article/bank...

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#climate #climate change #greenhouse gas #NET #Net-Zero Banking Alliance #NZBA

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#climate #NET #net zero #NZBA

Net Zero Banking Alliance closes down after mass exodus “It’s bitterly disappointing to see the biggest banks in the world vote to step away from accountability."

Net Zero Banking Alliance closes down after mass exodus.

#NZBA @shareaction.bsky.social

www.csofutures.com/news/net-zer...

🌎 Welcome back to Bank.Green's monthly news briefing! Check our link in bio to read the full stories featured this month, and to sign up to receive our news briefing in your inbox. 📬 

#bankgreen #sustainablefinance #climatechaos #climatechange #fossilfuels #NZBA

a poster that says this isn 't flood season and this is climate change ALT: a poster that says this isn 't flood season and this is climate change

Este giro revela cómo las promesas de sostenibilidad quedaron subordinadas a intereses económicos. Iniciativas como #GFANZ, #NZBA y Climate Action 100+ pierden fuerza con la salida de actores centrales, mientras la banca global sigue financiando “bombas de carbono”.

Net Zero Banking Alliance pauses activities to call membership vote - Sustainability Online The Net Zero Banking Alliance (NZBA) has said that it is 'pausing its ongoing activities' as it undertakes a membership vote.

The Net Zero Banking Alliance (NZBA) has said that it is 'pausing its ongoing activities' as it undertakes a membership vote to determine the future structure of its operations. 💰 #nzba

sustainabilityonline.net?p=14209

NZBA’s fate to be decided by the end of September The alliance has paused its activities while remaining members vote on its future.

NZBA’s fate to be decided by the end of September.

#NZBA #Banking

www.csofutures.com/news/nzbas-f...

Organisatie voor duurzame banken legt werk neer na kritiek van Trump De banken ING, Rabobank en ABN Amro zijn lid van de alliantie, die als doel heeft om banken in 2050 alleen maar klimaatneutrale beleggingen te laten doen.

Organisatie voor duurzame banken legt werk neer na kritiek van Trump

Wat een trieste ontwikkeling.

De duurzaamheidsambities van #banken waren al zo laag.

Nu tracht #Trump zelfs dat om te trappen.

#NZBA
#duurzaamheid

nos.nl/l/2580129

🌱 🐝 Welcome bank to Bank.Green's Monthly news briefing! Check our link in bio to read the full stories featured this month, and sign up to receive our news briefing in your inbox.

#bankgreen #sustainablefinance #climatechange #climateactivism #fossilfuels #NZBA

NZBA loses another major member as Swiss bank UBS withdraws UBS recently delayed its operational emissions target and scrapped ESG-linked compensation.

NZBA loses another major member as Swiss bank UBS withdraws.

#NZBA #UBS

www.csofutures.com/news/nzba-lo...

Swiss bank UBS withdraws from Net-Zero Banking Alliance - Sustainability Online UBS has become the latest bank to withdraw from the Net-Zero Banking Alliance (NZBA), following the departure of Barclays last week.

UBS has become the latest bank to withdraw from the Net-Zero Banking Alliance (NZBA), following the departure of Barclays last week. 🚨 #netzero #nzba

sustainabilityonline.net/news/swiss-b...

Barclays exits Net Zero Banking Alliance The bank said the departure of global banks means "the organisation no longer has the membership to support our transition".

#Breaking: Barclays exits Net Zero Banking Alliance.

#NZBA #Barclays #Banking

www.csofutures.com/news/barclay...

Sustainable Finance: Deutsche Banken bleiben NZBA-Mitglied Internationale Banken zweifeln hingegen an ihrem Verbleib in der Allianz – erst vor wenigen Tagen ist die HSBC ausgetreten.

Sustainable Finance: Deutsche Banken bleiben NZBA-Mitglied

table.media/esg/news/sus...

#Wirtschaft #Finanzen #Banken #NZBA #greatif

Green economy businesses leave HSBC after bank’s NZBA exit “All companies that believe in net zero should ditch HSBC.”

Green economy businesses leave HSBC after bank’s NZBA exit.

#NZBA #GreenEconomy #Banking

www.csofutures.com/news/green-e...

Banks That Left Net-Zero Alliance Wrangle With Shareholders Over Emissions Claims Lenders face calls to divulge more about their environmental priorities since ditching the NZBA

In their recent annual meetings, Wells Fargo, Bank of America, Goldman Sachs & others were questioned about their carbon-emissions goals and fossil-fuel financing -- all valid Qs after the banks dropped out of the Net Zero Banking Alliance. #NZBA

www.wsj.com/articles/ban...

Welcome back to Bank.Green’s newsletter! Scroll through to read our monthly roundup of stories and news 📑 🌱

#bankgreen #sustainablefinance #NZBA #climatechange #climatecrisis #sustainability

New NZBA standards represent a ‘loosening of climate ambitions’ - Sustainability Online The NZBA's decision to revise its guidelines from a strict 1.5°C target to a more flexible 'well below 2°C' target represents a 'loosening of climate ambitions'

The Net Zero Banking Alliance's (NZBA) recent decision to revise its guidelines from a strict 1.5°C target to a more flexible 'well below 2°C' target represents a 'loosening of climate ambitions', analysts at ABN Amro have commented. 💰 #nzba

sustainabilityonline.net?p=11404

📉 The 129 banks making up the NZBA, seek to deprioritise an important climate target by scaling back portfolio commitments. These banks are now abandoning the idea of limiting global temperature rise to a maximum 1.5 degrees by 2100.

#bankgreen #triodos #sustainablebanking #NZBA

Banks vote to loosen climate coalition membership rules The world's leading bank coalition looking to help tackle climate change has voted to ditch some of its more stringent membership rules to better reflect the slow pace of change in the real economy, its chair told Reuters.

"The knowledge we had in 2021 on what was achievable ... has been very different than where we are today," S Bashir, Chief Sustainab. Officer & Exec. Vice Pres. @ First Abu Dhabi Bank said.

Why? Because none of you stuck to the agreed goals.

#NZBA #climateemergency

www.reuters.com/sustainabili...

Bank Climate Group Says Strategy Pivot Wins `Overwhelming Support’ NZBA signatories will be held to less stringent standard for reducing the emissions enabled by their lending.

Not a good day for the planet or for future generations. #NZBA has given in to the politics at the moment when ambition and a backbone are sorely needed.

www.bloomberg.com/news/article...

#sustainability #banking

NZBA softens climate target requirements for members The move comes after many US, Canadian and Australian banks left the initiative.

NZBA softens climate target requirements for members.

#NZBA #NetZeroBanking

www.csofutures.com/news/nzba-so...

Banks have a responsibility to keep 1.5 alive - Reclaim Finance The Net Zero Banking Alliance appears set to drop its requirement for its members to align their activities with an increase in warming of 1.5°C, beyond which science shows that climate impacts will d...

#NZBA Net Zero Banking Alliance members are voting on whether to ditch their current 1.5°C pledge. However, each member #bank remains accountable for its own pledge.

👉 Will banks stand by their #climate commitments — or walk away when it matters most?

Read more ⤵️

Disappointing that the #NZBA is reducing its ambitions.

IMHO it's a big mistake and only increases the #climaterisks for the financial sector & society.

Banks need to finally kick the habit, exit #fossilfuel finance. I know its possible - I've already done it myself.

#sustainability #banking

Banks must not follow Wells Fargo’s climate irresponsibility - Reclaim Finance In a clear example of submission to the anti-climate agenda of the Trump regime, Wells Fargo Bank has dropped out of the Net-Zero Banking Alliance (NZBA) and given up on all its financed emission targ...

🔴 #WellsFargoBank has dropped out of the #NZBA and given up on all its targets to reduce its clients' emissions. While multiple banks have quit the NZBA, only Wells has also nixed its targets.

📢 Banks must accept their responsibility to act on climate, even if they do so outside the NZBA.

Banks’ climate alliance calls vote to ditch pledge on limiting warming to 1.5C Proposal to weaken rules follows exodus of members since Trump election

#SustainableFinance: Banks’ #climate alliance calls vote to ditch pledge on limiting warming to 1.5C

Proposal to weaken rules follows exodus of members since Trump election @financialtimes.com

#NZBA #ClimateAction #ClimateCrisis

www.ft.com/content/8087...

Bankers’ Climate Alliance Prepares Vote on Ditching 1.5C Goal The world’s biggest climate alliance for banks is about to vote on whether it’s time to abandon a once hallowed goal.

Ditching the goal is a bad idea. No ambition = no action. The world needs action.

#climate #banking #nzba #sustainability

www.bloomberg.com/news/article...

Japan's SMFG to pull out of global decarbonization framework Banking alliance membership poses legal risk in U.S. under Trump

It is unfortunate that Sumitomo Mitsui Financial Group, a major Japanese bank, has withdrawn from Net-Zero Banking Alliance aka NZBA.

asia.nikkei.com/Spotlight/En...

#NetZeroBankingAlliance #NZBA #SMFG

Asia banks stick with net-zero group that Wall Street abandoned SEVERAL large Asian banks have joined their European peers in offering support to the industry’s biggest climate alliance, after a wave of exits by Wall Street and Canadian lenders. Read more at The B...

Asian #banks are sticking with the #NZBA (for now). #netzero

www.businesstimes.com.sg/companies-ma...