Financial giants Citigroup and Bank of America (BofA) have decided to exit the Net-Zero Banking Alliance (NZBA), a UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities, marking an acceleration in departures from the group, following similar recent announcements from Goldman Sachs and Wells Fargo. Launched in 2021 – with Citi and BofA as founding…
Discover how the GSTC sets global standards for sustainable tourism, supports businesses and destinations, and promotes eco-friendly travel choices worldwide. What is Sustainable Tourism and Why Does It Matter? Sustainable tourism has become a cornerstone of the global travel industry, addressing the pressing need to balance the economic, environmental, and social impacts of tourism. As travel increases worldwide, so do…
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Granimator is a robust crypto charting and trading platform offering tools for portfolio management, real-time data, and advanced analysis for traders. Official Website: Click Here What is Granimator? Granimator is a user-friendly and robust cryptocurrency charting and trading platform designed to help traders manage and grow their crypto portfolios effectively. It provides tools and solutions for seamless portfolio management, comprehensive…
Exonix Veracity is a user-friendly cryptocurrency trading platform with advanced AI, secure transactions, and customizable options for traders of all levels. Official Website: Click Here What is Exonix Veracity? Exonix Veracity is an advanced cryptocurrency trading platform designed to simplify and enhance the trading experience for users of all skill levels. Powered by cutting-edge AI technology, it offers intelligent insights and…
Wells Fargo has decided to exit the Net-Zero Banking Alliance (NZBA), marking the second major departure from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities, following Goldman Sachs earlier this month. Founded in 2021, the Net-Zero Banking Alliance is a coalition of more than 140 banks spanning 44 countries and representing approximately…
By: Mike Hayes, Climate Change and Decarbonization Leader at KPMG It’s just over a month since I returned home from the COP 29 summit in Baku. In that time, there has been widespread commentary and analysis of the gathering – much of it fatalistic and critical. In some corners, it’s been described as ‘no longer fit for purpose’ while others…
This week in ESG news: Biden administration sets new U.S. climate goals on eve of Trump takeover; new sustainability reporting standards for Canada, Hong Kong; BlackRock removed from Indiana pension funds over ESG investing; EU passes law requiring 100% recyclable packaging by 2030; UK bans Lloyds ad for greenwashing; Walmart says it will probably miss climate targets; SAP launches new…
Walmart does not expect to hit its interim climate goals, including its targets to reduce operational greenhouse gas (GHG) emissions by 35% by 2025 and by 65% by 2030, according to a new post on the company’s website, citing “factors beyond our control,” including a lack of low carbon refrigeration and mobility technologies, and clean energy policy and infrastructure. The…