Net Zero Banking Alliance

NZBA loses another major member as Swiss bank UBS withdraws

UBS recently delayed its operational emissions target and scrapped ESG-linked compensation.

Melodie Michel

11 August 2025

Banking

A complete guide to UK banks' sustainable finance and fossil fuel funding activities

A look at HSBC, Barclays, Lloyds, NatWest and Standard Chartered's sustainable funding policies.

Rachel Willcox

08 August 2025

Sustainable Finance

BBVA sustainable funding activities up nearly 50% year on year

76% of the €64bn was allocated to projects related to climate change and natural capital.

Melodie Michel

04 August 2025

Banking

Barclays exits Net Zero Banking Alliance

The bank said the departure of global banks means "the organisation no longer has the membership to support our transition".

Melodie Michel

01 August 2025

Climate risk

ECB will consider ‘climate factor’ when lending to banks from next year

Each asset pledged as collateral will be value-assessed based on climate vulnerability.

Melodie Michel

29 July 2025

People & Culture

Deutsche Bank names first Global Head of Sustainable Finance

“We see particularly exciting opportunities in emerging markets where demand for renewable energy is growing fast."

Melodie Michel

29 July 2025

Sustainable Finance

Financial institutions to stop funding fossil fuels by 2030 under new SBTi standard

“A clear signal that financial support for fossil fuel expansion must come to an end."

Melodie Michel

22 July 2025

Banking

Green economy businesses leave HSBC after bank’s NZBA exit

“All companies that believe in net zero should ditch HSBC.”

Melodie Michel

16 July 2025

People & Culture

UBS names Christian Leitz as its new Chief Sustainability Officer

This year, UBS delayed its operational emissions target by 10 years and stepped away from ESG-linked compensation.

Melodie Michel

08 July 2025

Fossil fuels

Bank financing to fossil fuels grows for the first time since 2021

"Only rapid and robust binding government regulation and oversight can make banks change course."

Melodie Michel

20 June 2025