Launched in 2021 at COP26, the Glasgow Financial Alliance for Net Zero (GFANZ) is a coalition of financial institutions committed to net zero. The initiative has several sub-alliances covering asset owners, asset managers, financial service providers and banks. This page features our coverage of the various net-zero groups, their progress to meet targets, new members and alliance exits, and wider developments.
LATEST GFANZ NEWS
Zurich pulls out of Net Zero Insurance Alliance
The Swiss insurer is the second to drop out of initiative following Munich Re last week.
Scope 3 emissions key to financial sector net zero plans, says GFANZ
It comes as NGOs are 'extremely concerned' over change to GFANZ target setting requirements.
UK investors and NGOs call for GFANZ members to face government scrutiny
ShareAction, UKSIF, E3G and ClientEarth respond to calls for evidence from cross-party parliamentary group on financial sector net zero pledges.
UK government pushing GFANZ members on nature, says Lord Goldsmith
Minister voices hope that the UK could be first country to mandate TNFD reporting; move to Canada confirmed for COP15.
MPs to quiz UK members of GFANZ on net-zero plans and fossil fuel financing
Members have asked for a public statement on their fossil fuel and investment in renewable energy technologies policies.
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