Industry News: ESG

Net Zero Banking Group Abandons Operations After Member Exodus

Written by ESG | 3-Oct-2025 12:27:44 PM

2025-10-03

City AM: The global Net Zero Banking Alliance (NZBA) has announced it will cease operations following an exodus of its membership after President Donald Trump returned to power. In a statement, the group said following a vote it will transfer from a member-based alliance to establish its guidance as a framework.

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