GFANZ (Glasgow Financial Alliance for Net Zero)

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

S&P Global exits Net Zero Financial Service Providers Alliance

NZFSPA promises to update on activity in due course.
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ESG round-up: Deloitte pulls out of Net Zero Financial Service Providers Alliance

The latest developments in sustainable finance: French investors seek manager for private biodiversity fund; CalPERS claims SEC making US stewardship harder.

Away from targets, back to the real world? Investors weigh in on NZAMโ€™s future

Investors call for flexibility on expectations and appreciation of differences between managers and asset classes.

GFANZ to pause market consultations on nature and index investing

It comes as part of a broader GFANZ pivot to mobilising transition capital for emerging markets.
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US stock exchange group leaves net-zero initiative

Move comes as Morningstar reaffirms its membership to service provider alliance.

ADDITIONAL RELATED COVERAGE: SFDR

ADDITIONAL RELATED COVERAGE: CSRD

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