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
Net Zero Asset Managers initiative members split over suspension of activity
Supporting networks reassure signatories as members of NZAM advisory board remain tightlipped over changes.
Dutch pension fund quits Net-Zero Asset Owner Alliance
The exit marks the initiative’s fifth departure since its launch in 2019.
ESG round-up: BlackRock quits Net Zero Asset Managers initiative
The latest developments in sustainable finance: FCA to publish SDR policy statement in Q2; CBI sets ESG-labelled bond expectations for 2025.
GFANZ pivot will not impact membership rules, say net-zero alliances
Global climate initiative will no longer require partnering organisations to adopt net-zero targets in strategic shift.
GFANZ announces CEO-led restructure to focus on emerging markets transition
Major US asset owner calls exits by bulge bracket banks 'deeply disturbing' as CEOs remain members of GFANZ strategy group.
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