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

https://sustainabilityonline.net/?p=14209

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.

Sustainability Online - A business news platform with a sustainable focus. Featuring the latest sustainability news and ESG insight, viewed through a business lens.

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

https://sustainabilityonline.net/news/swiss-bank-ubs-withdraws-from-net-zero-banking-alliance/

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.

Sustainability Online - A business news platform with a sustainable focus. Featuring the latest sustainability news and ESG insight, viewed through a business lens.

#Barclays, Birleşmiş Milletler destekli Net Sıfır Bankacılık İttifakı'ndan (#NZBA) çekilen ikinci büyük İngiliz bankası oldu #HSBC #SonDakika

https://cevrehatti.com/surdurulebilirlik/barclays-da-net-sifir-bankacilik-ittifakindan-ayrildi/

Barclays da Net Sıfır Bankacılık İttifakı'ndan ayrıldı | Çevre Hattı

Barclays, Birleşmiş Milletler destekli Net Sıfır Bankacılık İttifakı'ndan (NZBA) çekilen ikinci büyük İngiliz bankası oldu.

Çevre Hattı

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

https://sustainabilityonline.net/?p=11404

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'

Sustainability Online - A business news platform with a sustainable focus. Featuring the latest sustainability news and ESG insight, viewed through a business lens.
Che cosa succede dopo l'uscita delle banche Usa dalla debole Alleanza sulla "finanza sostenibile"

Gli istituti di credito statunitensi hanno abbandonato l'iniziativa delle Nazioni Unite che ha l'obiettivo di accelerare la transizione verde del settore bancario globale. Un gesto minacciato da tempo e che si è perfezionato a ridosso dell'insediamento di Donald Trump. Potrebbe essere un'opportunità per le banche europee, spiega Paul Schreiber della Ong Reclaim finance. Mettendo in guardia dal greenwashing

Altreconomia

“Iedereen is aan het voorsorteren op het aantreden van Donald Trump”

Wat de invoegstrook is voor Trump is ook de uitvoegstrook voor afremming van opwarming van de aarde.

#Energietransitie
#Aandeelhouderswaarde
#OpwarmingVanDeAarde
#NZBA

https://www.change.inc/finance/wat-zit-er-achter-de-exodus-van-amerikaanse-banken-uit-vn-coalitie-ze-kunnen-eigenlijk-niet-anders-41444

Wat zit er achter het vertrek van Amerikaanse banken uit VN-coalitie? ‘Ze kunnen eigenlijk niet anders’ | Change Inc.

Bij bosjes stappen grote Amerikaanse banken uit de Net Zero Banking Alliance, een door de VN gecoördineerd klimaatverbond. Wat zit er achter deze exodus?

"American Banks Dump Climate Commitments ahead of Trump

While flames engulf Los Angeles—fires even consuming a Bank of America office—the six largest U.S. banks, led by Bank of America, JPMorgan Chase, Citigroup, Morgan Stanley, Wells Fargo, and Goldman Sachs, have chosen to withdraw from the UN-backed Net-Zero Banking Alliance (NZBA) in the span of just one month."

— We don't have time.

https://r.sib.wedonthavetime.org/mk/mr/sh/7nVU0AFQsmyZJBrVhrCDXNXga32mTZ3/U9OV_6pO4xP3
#climate #trump #banks #nzba

DRAFT: Weekly Newsletter, Jan 12, 2025

Mindestens sechs große #US-Banken, darunter #Citigroup und #BankOfAmerica, haben der Klimaschutzinitiative #NZBA den Rücken gekehrt – trotz Bekenntnissen zu eigenen Klimazielen. Kritiker sehen dahinter nicht nur wirtschaftliche Interessen, sondern auch den politischen Druck der Republikaner, die Klimaallianzen als #ClimateCartel brandmarken. Während Banken behaupten, weiterhin an Klimaneutralität zu arbeiten, zeigen Berichte, dass viele ihre klimaschädlichen Kreditpraktiken beibehalten. Ist der Ausstieg Kalkül, um möglichen republikanischen Angriffen zuvorzukommen? Oder beweist er, dass Klimaversprechen oft nicht mehr als Imagepflege und #Greenwashing sind?

https://taz.de/Vor-Trumps-zweiter-Praesidentschaft/!6060600/

Vor Trumps zweiter Präsidentschaft: US-Banken verlassen internationale Klimaschutz-Allianz

Große US-Banken treten aus einer von den UN unterstützten Klimavereinigung aus. Offenbar wollen sie Streit mit der künftigen Regierung vermeiden.

TAZ Verlags- und Vertriebs GmbH

"Citibank, Bank of America, and Morgan Stanley all announced this week that they’re leaving the [Net-Zero Banking Alliance], which seeks to align banks’ financing activities behind the goal of reaching net-zero emissions by 2050. Wells Fargo and Goldman Sachs left in December.

https://newrepublic.com/article/189788/morgan-stanley-bank-of-america-citi-climate-pledge

But it was all PR to begin with anyway.
#NZBA

Banks Celebrate the New Year by Quitting Their Climate Pledges

This should surprise no one. And it shows the practical considerations that have always undergirded these sorts of moves.

The New Republic

Auch US-Großbank Morgan Stanley verlässt Klimaallianz

Nach den Austritten der US-Banken #Citigroup und #BankOfAmerica (#BofA) verlässt auch die Investmentbank #MorganStanley die Net-Zero Banking Alliance (#NZBA). Gründe für das Ausscheiden aus der wichtigsten globalen Klimakoalition der Branche nannte Morgan Stanley heute nicht.

https://orf.at/stories/3380598/

#Klimakrise
#Kapitalismus

Auch US-Großbank Morgan Stanley verlässt Klimaallianz

ORF.at