“CIB’s journey to enact sustainable finance enabled us to realise the symbiotic relationship between the environment and finance. To sustain inclusive growth, banks should consciously revise their business models to factor in carbon emissions that result from their financial transactions. By joining the Net Zero Banking Alliance, CIB is making a conscious commitment to collaborate with banks to chart meaningful and quantifiable progress towards carbon neutrality and advocate its scalability across the banking industry”
“The banking sector needs to continue to raise the bar for climate solutions and our commitment to the Net Zero Banking Alliance today is another moment to double down on work to build the clean economy needed to fend off the worst impact of climate change. For nearly 100 years, Amalgamated has used its voice and financial resources to build a more just and sustainable world, which is why we took a leadership role in building the Alliance. The Net Zero Banking Alliance is exactly the type of commitment needed to ensure that the finance sector continues climate focused investments into the future”