The Latest Breaking News from NZBA

SEC makes shareholder proposal no-action pause permanent

In this week’s edition of Economy and Society:

Ballotpedia · Aug 19

Bank chairs backtracking on climate commitments could face shareholder revolts

Exclusive: Campaign group calls on institutional shareholders to vote against re-election of bosses overseeing net zero row-back

The Guardian - UK · Feb 8

UK banks still committed to climate goals, Bank of England executive insists

Exclusive: David Bailey plays down concerns after HSBC and Barclays quit UN-backed Net Zero Banking Alliance

The Guardian - UK · Nov 9, 2025

Barclays becomes second UK bank to quit industry’s net zero group

The lender joins the growing trend after US banks starting leaving the Net Zero Banking Alliance ahead of Donald Trump’s inauguration.

The Independent UK · Aug 1, 2025

‘Shame on them’: Standard Chartered CEO decries banks that drop climate pledges

Bill Winters criticises those that have rowed back on green commitments or have gone quiet amid political pressure

The Guardian - UK · Jul 31, 2025

HSBC becomes first UK bank to quit industry’s net zero alliance

Campaigners condemn ‘troubling’ move that follows departure of six of largest US banks after Trump’s election

The Guardian - UK · Jul 11, 2025

Banks backtracked on climate pledges last year, handing €750bn to fossil fuel firms

In total, banks have financed fossil fuels to the tune of €6.9 trillion since the Paris Agreement was signed.

Euronews · Jun 17, 2025

HSBC net zero goal delayed 20 years, as CEO offered 600% bonus

Bank is criticised for pushing climate targets to 2050 and watering down environmental goals

The Guardian - UK · Feb 19, 2025

Major banks are abandoning their climate alliance en masse. So much for ‘woke capital’

The scope of the Cop26 net zero banking alliance may have been limited, but the exodus of six US banks signifies a seismic political shift, says senior research fellow Adrienne Buller

The Guardian - UK · Jan 15, 2025

Six big US banks quit net zero alliance before Trump inauguration

Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians, say analysts

The Guardian - UK · Jan 8, 2025