Sustainable Finance

Anti-ESG pushback: a chance for sustainable finance to grow into its own

Watering down sustainability regulations means losing an important lever for sustainable finance – but other crucial drivers remain intact.

Melodie Michel

25 February 2025

Sustainable Finance

Net Zero Banking Alliance exodus reaches Australia

Macquarie Group has decided to end its membership.

Melodie Michel

11 February 2025

Sustainable Finance

Concerns grow over banks’ climate commitments as GFANZ loosens mandate

The move comes after several financial institutions decided to leave UN-backed climate initiatives, such as NZBA.

Melodie Michel

06 January 2025

Banking

Goldman Sachs leaves NZBA ahead of capital market emissions requirements

Earlier this year, Goldman Sachs AM also left Climate Action 100+ ahead of more stringent guidelines around oil and gas financing.

Melodie Michel

10 December 2024

Sustainable Finance

Banks remain too open to coal and fossil fuel financing: TPI report

Banks’ climate targets are estimated to cover less than 22% of their total revenues.

Melodie Michel

09 October 2024