Race to Zero: Taking stock of progress
In the latest Race to Zero report, Race to Zero partners transition towards a resilient Global Net Zero world. The report shows a positive increase in implementation of the criteria and impact on the real economy. In some cases, alignment with the criteria has been gradual, in others accelerated improvement can be seen.
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Race to Zero: Taking stock of progressRelated Content
SBTi launched the Financial Institutions Net-Zero Standard
The Science Based Targets initiative (SBTi) has introduced its first Financial Institutions Net-Zero Standard - a science-driven, credible framework designed to help financial institutions align their portfolios with pathways that limit global warming and achieve net-zero emissions by 2050. The guidance below offers insights to support board-level decision-making on setting credible targets and strengthening strategic governance for transition planning.
Guidance for Climate Target Setting for Banks
United Nations Environment Programme Finance Initiative, together with the Net-Zero Banking Alliance (NZBA), have released new Guidelines for Climate Target Setting for Banks. They outline key principles to underpin the setting of credible, robust, impactful and ambitious targets for achieving net-zero greenhouse gas emissions goals in alignment with the Paris Agreement.
South Pole 2025 net zero report
Published 10 April 2025, South Pole's net zero 2025 report surveyed 350 financial institutions to better understand how businesses are progressing towards their targets.
