Magnifying glass on charts graphs paper. Financial development, Banking Account, Statistics, Investment Analytic research data economy.
Significant majority of banks back new release, which includes facilitated emissions, but greener members retain concerns.
Illustrations of US dollars
Triodos and Ecology Building Society will remain members of GFANZ alliance despite threats of COP departure.
Net Zero Financial Services Providers Alliance lags on target-setting frameworks, removes references to credit rating agencies from its website.
exit sign
US responsible investment firm cites legal and compliance concerns over net-zero pledge.
exit sign
The Swiss insurer is the second to drop out of initiative following Munich Re last week.
It comes as NGOs are 'extremely concerned' over change to GFANZ target setting requirements.
ShareAction, UKSIF, E3G and ClientEarth respond to calls for evidence from cross-party parliamentary group on financial sector net zero pledges.
Minister voices hope that the UK could be first country to mandate TNFD reporting; move to Canada confirmed for COP15.
Members have asked for a public statement on their fossil fuel and investment in renewable energy technologies policies.

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