145

banks

44

countries

US$ 74trn

total assets

41%

of global banking assets

NZBA membership has more than tripled in number since the Alliance launched in April 2021 and is open to all banks globally. Learn more about the commitment they have made.

Members are making important progress. In April 2021 when NZBA launched, no bank had set a science-based sectoral 2030 target for its financed emissions using 1.5°C scenarios. Today, over half of NZBA banks have set such targets. Read the latest progress report here and consult the table below for a full list of NZBA members and links to their published decarbonisation targets. 

Join this group of pioneering banks 

 

List of NZBA member banks and their targets

 

Signatory Region Country Date signed First Targets Due Link to Published Targets
ABANCA Corporación Bancaria S.A Europe Spain May 21 Sep 22

2024

ABN AMRO BANK N.V. Europe Netherlands Dec 22 Jun 24

2023

Abu Dhabi Commercial Bank PJSC Africa & Middle East United Arab Emirates Nov 23 May 25
AIB Group Plc Europe Ireland Apr 21 Oct 22

2023

Akbank Europe Türkiye (Republic of) Dec 23 Jun 25

2024

Alpha Bank Europe Greece May 23 Nov 24
Amalgamated Bank North America USA Apr 21 Sep 22

2021

ANZ Group Holdings Limited Asia Pacific Australia Oct 21 Apr 23

2023

Areti Bank North America USA Jun 23 Dec 24
Arion Bank Europe Iceland Dec 23 Jun 25
BAC Credomatic Latin America & Caribbean Costa Rica Oct 21 Apr 23

2023

Banca Ifis Europe Italy Oct 21 Apr 23

2022

Banca Monte dei Paschi di Siena S.p.A. Europe Italy Jan 22 Jul 23

2023

Banca Popolare di Sondrio Società Per Azioni Europe Italy Dec 23 Jun 25
Banco BPM Europe Italy Mar 23 Sep 24

2024

Banco Bradesco S.A. Latin America & Caribbean Brazil Jul 21 Jan 23
Banco Davivienda Latin America & Caribbean Colombia Jul 23 Jan 25

2023

Banco de Bogotá S.A Latin America & Caribbean Colombia Dec 22 Jun 24

2024

Banco de Crédito e Inversiones (Bci) Latin America & Caribbean Chile Jul 23 Jan 25
Banco de Crédito Social Cooperativo (Grupo Cooperative Cajamar) Europe Spain Jun 22 Dec 23

2024

Banco de la Produccion S.A Produbanco Latin America & Caribbean Ecuador Apr 21 Sep 22

2022

Banco Mercantil del Norte, S.A. Institución de Banca Multiple Grupo Financiero Banorte. Latin America & Caribbean Mexico Apr 21 Oct 22

2022, 2023

 

Banco Pichincha C.A. Latin America & Caribbean Ecuador Jan 22 Jul 23

Awaiting targets

Banco Promerica (Costa Rica) Latin America & Caribbean Costa Rica Apr 21 Sep 22

2022

Banco Sabadell S.A. Europe Spain Oct 21 Apr 23

2023

Banco Santander S.A. Europe Spain Apr 21 Sep 22

2022, 2023

BancoEstado Latin America & Caribbean Chile Sep 21 Mar 23

2022

Bancolombia SA Latin America & Caribbean Colombia Apr 21 Oct 22

2023

Bank of Åland Plc Europe Finland Apr 21 Oct 22

2023

Bank of America North America USA Apr 21 Oct 22

2023

Bank of New Zealand (BNZ) Asia Pacific New Zealand Oct 21 Apr 23

2023

Bank of Queensland Asia Pacific Australia Sep 24 Mar 26
Bankinter Europe Spain Oct 21 Apr 23

2023

Banpro Grupo Promerica Latin America & Caribbean Nicaragua Apr 21 Sep 22

2023

Banque et Caisse d’Epargne de l’Etat, Luxembourg Europe Luxembourg Oct 21 Apr 23

2022, 2023

Barclays plc Europe United Kingdom Apr 21 Oct 22

2022, 2023

Basellandschaftliche Kantonalbank Europe Switzerland Oct 21 Apr 23

2024

BBVA Group Europe Spain Apr 21 Sep 22

2022, 2023

Berner Kantonalbank Europe Switzerland Feb 22 Aug 23

2023

BMO Financial Group North America Canada Oct 21 Apr 23

2022, 2023

BNP Paribas Europe France Apr 21 Sep 22

2022, 2023

BPER Banca S.p.A. Europe Italy Mar 22 Aug 23

2023

Caixa Geral de Depósitos (CGD) Europe Portugal Jun 21 Dec 22

2022, 2023

Caixabank Europe Spain Apr 21 Oct 22

2022, 2023, 2024

Canadian Imperial Bank of Commerce (CIBC) North America Canada Oct 21 Apr 23

2022, 2023

CIMB Bank Berhad Asia Pacific Malaysia Sep 21 Sep 22

2024

Citi North America USA Apr 21 Oct 22

2022

City Bank PLC Asia Pacific Bangladesh Mar 22 Sep 23

2022, 2023

Climate First Bank North America USA Dec 21 Jun 23

Awaiting targets

Close Brothers Group plc Europe United Kingdom Sep 22 Mar 24

2024

Coast Capital North America Canada Dec 21 Jun 23

2023

Commercial International Bank (CIB) Africa & Middle East Egypt Apr 21 Oct 22

2022, 2023

Commerzbank AG Europe Germany Apr 21 Oct 22

2022, 2023

Commonwealth Bank of Australia Asia Pacific Australia Jan 22 Jul 23

2022, 2023, 2024

Coöperatieve Rabobank U.A. Europe Netherlands Nov 21 Apr 23

2023

Crédit Agricole S.A. Europe France Jun 21 Sep 22

2023

Crédit Mutuel Europe France May 21 Nov 22

2024

Crédit Mutuel Arkéa Europe France Nov 22 May 24

2023

Crédito Agrícola Europe Portugal Nov 23 May 25

2023

Credito Emiliano Europe Italy Jan 24 Jul 25
Danske Bank A/S Europe Denmark Oct 21 Apr 23

2023

DBS Bank Ltd. Asia Pacific Singapore Oct 21 Apr 23

2022, 2023

Deutsche Bank AG Europe Germany Apr 21 Oct 22

2022, 2023

Ecology Building Society Europe United Kingdom Apr 21 Sep 22

2022, 2023

 

Erste Group Bank AG Europe Austria Oct 21 Apr 23

2022, 2023

Eurobank Holdings SA Europe Greece Mar 24 Sep 25
Fana Sparebank Europe Norway Apr 21 Sep 22

2023

First Abu Dhabi Bank P.J.S.C. Africa & Middle East United Arab Emirates Oct 21 Apr 23

2023

Garanti Bank Europe Türkiye (Republic of) Aug 21 Mar 23

2022, 2023

Groupe BPCE Europe France Jun 21 Dec 22

2022, 2023

Habib Bank Limited Asia Pacific Pakistan Jul 23 Jan 25
Hana Financial Group Asia Pacific South Korea May 22 Nov 23
HSBC Holdings plc Europe United Kingdom Apr 21 Oct 22

2022, 2023

IBERCAJA BANCO S.A. Europe Spain Apr 21 Oct 22

2023

IDLC Finance Limited Asia Pacific Bangladesh Apr 21 Sep 22

2024

Industrial Bank of Korea (IBK) Asia Pacific South Korea Sep 21 Mar 23

2023

ING Europe Netherlands Aug 21 Sep 22

2022, 2023

Intesa Sanpaolo Europe Italy Oct 21 Apr 23

2022, 2023

Investec group Africa & Middle East South Africa Oct 21 Apr 23

2023

Íslandsbanki hf. Europe Iceland Apr 21 Oct 22

2022

Itaú Unibanco Holding S.A. Latin America & Caribbean Brazil Oct 21 Apr 23

2022, 2023

JB Financial Group Asia Pacific South Korea Aug 21 Feb 23

2023

JPMorgan Chase North America USA Oct 21 Apr 23

2022, 2023

KB Financial Group Inc. Asia Pacific South Korea Apr 21 Sep 22

2022, 2023

KCB Africa & Middle East Kenya Apr 21 Sep 22

Awaiting targets

La Banque Postale Europe France Apr 21 Sep 22

2024

LGT Private Banking Europe Liechtenstein Apr 21 Oct 22

2023

Liechtensteinische Landesbank AG Europe Liechtenstein Aug 21 Feb 23

2023

Lloyds Banking Group Europe United Kingdom Apr 21 Oct 22

2023

Macquarie Group Asia Pacific Australia Oct 21 Apr 23

2022, 2023

Maybank Asia Pacific Malaysia Nov 22 May 24

2024

Mediobanca Europe Italy Nov 21 May 23

2022, 2023

Mitsubishi UFJ Financial Group, Inc Asia Pacific Japan Jun 21 Dec 22

2024

Mizuho Financial Group, Inc. Asia Pacific Japan Oct 21 Apr 23

2023, 2024

Morgan Stanley North America USA Apr 21 Oct 22

2022

National Australia Bank Limited Asia Pacific Australia Dec 21 Nov 22

2022, 2023

National Bank of Canada North America Canada Oct 21 Apr 23

2022, 2023

NATIONAL BANK OF GREECE S.A. Europe Greece Oct 23 Apr 25

2022

Nationwide Building Society Europe United Kingdom Jun 21 Dec 22

2022

NatWest Group Europe United Kingdom Apr 21 Oct 22

2023

Nidaros Sparebank Europe Norway Jan 24 Jul 25

2023

NLB Group Europe Slovenia May 22 Nov 23

2023

Nomura Holdings, Inc. Asia Pacific Japan Sep 21 Mar 23

2022, 2023

NongHyup Financial Group Asia Pacific South Korea May 22 Nov 23

2023

Nordea Bank Abp Europe Finland Oct 21 Sep 22

2022, 2023, 2024

Nykredit A/S Europe Denmark Oct 22 Apr 24

2022

OCBC Bank Asia Pacific Singapore Oct 22 Apr 24

2022, 2023

OSB GROUP PLC Europe United Kingdom Feb 22 Aug 23

2022, 2023

Prime Bank Limited Asia Pacific Bangladesh May 23 Nov 24
ProCredit Holding AG & Co. KGaA Europe Germany Nov 22 May 24

2023

Raiffeisen Group Switzerland Europe Switzerland Oct 23 Apr 25

2023

RENTA 4 BANCO Europe Spain Jun 23 Dec 24

2023

REPUBLIC FINANCIAL HOLDINGS LIMITED Latin America & Caribbean Trinidad and Tobago Apr 21 Oct 22

2022

Royal Bank of Canada North America Canada Oct 21 Apr 23

2022, 2023

Scotiabank (Bank of Nova Scotia) North America Canada Oct 21 Apr 23

2022, 2023

Shinhan Financial Group Asia Pacific South Korea Apr 21 Oct 22

2022

Skandinaviska Enskilda Banken (SEB) Europe Sweden Apr 21 Oct 22

2024

Société Générale Europe France Apr 21 Sep 22

2023, 2024

Sovcombank Europe Russia Dec 21 Sep 22

2024

SpareBank 1 Østlandet Europe Norway Apr 21 Oct 22

2022, 2023

Standard Chartered plc Europe United Kingdom Apr 21 Sep 22

2022

Sumitomo Mitsui Financial Group, Inc. Asia Pacific Japan Oct 21 Apr 23

2023

Sumitomo Mitsui Trust Holdings, Inc. Asia Pacific Japan Oct 21 Apr 23

2022, 2023

Svenska Handelsbanken Europe Sweden Apr 21 Oct 22

2022, 2023

Swedbank AB Europe Sweden May 21 Nov 22

2024

TD Bank Group North America Canada Oct 21 Apr 23

2022, 2023

The Bank of East Asia, Limited Asia Pacific China Dec 23 Jun 25
The Goldman Sachs Group, Inc. North America USA Oct 21 Apr 23

2023

The Norinchukin Bank Asia Pacific Japan Mar 23 Sep 24

2023, 2024

Triodos Bank NV Europe Netherlands Apr 21 Sep 22

2022, 2023

TSB Bank Europe United Kingdom Nov 21 May 23

2023

Türkiye Halk Bankasi A.S. (HALKBANK) Europe Türkiye (Republic of) May 22 Nov 23

2023

Türkiye İş Bankası A.Ş. (Işbank) Europe Türkiye (Republic of) Apr 22 Oct 23

2022, 2023

Turkiye Sinai Kalkinma Bankasi (TSKB) Europe Türkiye (Republic of) Sep 22 Mar 24

2022, 2023

UBS AG Europe Switzerland Apr 21 Oct 22

2023

UniCredit Europe Italy Oct 21 Apr 23

2022, 2023

UOB Asia Pacific Singapore Oct 22 Apr 24

2023

Vancity North America Canada Apr 21 Oct 22

2022, 2023

Virgin Money UK PLC Europe United Kingdom Oct 21 Apr 23

2023

VP Bank Group Europe Liechtenstein Sep 21 Mar 23

2023

Wells Fargo & Company North America USA Oct 21 Apr 23

2022

Westpac Banking Corporation Asia Pacific Australia Jul 22 Jan 24

2023

WOORI FINANCIAL GROUP Asia Pacific South Korea Oct 22 Apr 24

2022

Yapi Kredi Europe Türkiye (Republic of) Jul 23 Jan 25
Zürcher Kantonalbank Europe Switzerland Dec 22 Jun 24

2023

 

Amalgamated
Lynne Fox, Chair and Interim President & CEO
Amalgamated Bank

“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.”

Bank of America
Brian Moynihan, Co-Chair of the SMI, Chairman & Chief Executive
Bank of America

“This commitment to net-zero by the SMI financial services leaders is an example of the leadership that the CEOs of SMI companies can generate by working together. We will work closely with CEOs from other industry groups and others to continue to drive the other SMI priorities established by His Royal Highness in the Terra Carta earlier this year.”

BBVA
Carlos Torres Vila, Group Chairman
BBVA

Our world needs more ambition [and a global joint effort such as that of the Net-Zero Banking Alliance] to accelerate the change toward a net-zero economy by 2050. At BBVA, we already are carbon-neutral on our own activity and we also want to be so in our indirect emissions, taking into account those related to our clients. We want to lead this transformation, supporting society in its transition toward a more sustainable future.

BNP Paribas
Jean-Laurent Bonnafé, Director and Chief Executive Officer
BNP Paribas

"The signing of a common net-zero carbon commitment, with intermediate targets, is a decisive step in the financial sector’s mobilisation in the defense of our climate. Since COP 21 in 2015, BNP Paribas has committed to gradually aligning its credit portfolio with the objectives of the Paris Agreement. We began by disengaging from the most polluting activities like shale gas or coal and setting ourselves very ambitious targets for supporting green technologies. We are now mobilised to meet the broader challenge of systematically encouraging and supporting transformation for all our clients."

CaixaBank
Gonzalo Gortázar, CEO
CaixaBank

"We are very pleased to be part of this global alliance since its inception. Financial institutions can and must play a key role in driving the world towards Net-Zero and we at Caixabank want to be leading this effort. Our commitment to the promotion of sustainable development and the improvement of our planet is irrevocable."

CIB
Hussein Abaza, CEO and Board Member
CIB

"CIB’s journey to enact sustainable finance enabled us to realize 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."

Coopservidores
Oscar Hidalgo, CEO
Coopeservidores

"By signing the Net-Zero Banking Alliance, Coopeservidores is taking a step forward in the right path for the future of our country, the planet and the next generations, aligning our funding towards net zero emissions before 2050. By joining efforts for a second time with UNEP FI to create a more sustainable world, Coopeservidores reinforces the work we have been doing for the Principles for Responsible Banking signed in 2019, and in sustainability over a decade ago. We will strengthen our commitment with the neutrality of our operations, but we will also involve our credit portfolio in this effort and extend our responsibility by promoting more sustainable commercial alliances."

Crédit Agricole S.A.
Philippe Brassac, CEO
Crédit Agricole S.A.

“The urgency of climate change calls for an acceleration of the transition process for economies and societies. By joining the alliance, we are actively committed to contributing to this goal of carbon neutrality so that together, public and private players, we can succeed in the challenge of a fair, universal and respectful transition for our planet.”

Deutsche Bank
Christian Sewing, CEO
Deutsche Bank

“Banks will play a crucial role in the fight against climate change, and the creation of the Net-Zero Banking Alliance is an important step forward to developing coordinated, accelerated action. We are proud to be a founding member of the Net-Zero Banking Alliance and to commit to making our portfolio net-zero carbon by 2050 at the latest. We look forward to playing an active role in the work of the alliance.”

Ecology Building Society
Paul Ellis, Chief Executive
Ecology Building Society

"Given the scale of the climate and ecological crisis the banking sector needs to work together in the urgent fight against catastrophic climate change, unlocking the financial solutions to deliver net-zero.
Ecology has been pioneering environmental finance for 40 years so signing up to the Net-Zero Banking Alliance wasn’t a difficult decision for us. Our members expect us to agitate for positive change and we hope that these concerted efforts will rapidly deliver both the ambition and actions to accelerate the shift to a low-carbon economy and build a sustainable future."

Handelsbanken
Carina Åkerström, CEO
Handelsbanken

"We recognise the vital role of banks in supporting the transition of society to net-zero emissions. We must ensure that we reduce our own direct climate impact, and plan to increase the pace even more. By joining the Net-Zero Banking Alliance we are not only supporting change but also committing to being an active partner in it – through giving advice, directing finance, engaging and collaborating with both our customers and other stakeholders."

Íslandsbanki
Birna Einarsdóttir, CEO
Íslandsbanki

“Íslandsbanki is committed to reach net zero emissions by 2040, supporting Iceland’s ambitious Climate Action Plan and the Government’s declared objective of achieving carbon neutrality 10 years ahead of the Paris agreement. In order to reach this goal, it is vital that Icelandic businesses participate actively in measures that in many cases will demand large-scale investment. Íslandsbanki is determined to being a force for good in the Icelandic economy and drive the transition to a carbon neutral society. Teaming-up with leading global banks through the Net-Zero Banking Alliance will help accelerate our journey and hopefully inspire other banks to follow our lead.”

LGT Group
Olivier de Perregaux, CEO
LGT Group

"We are delighted to be one of the founding members of this pioneering initiative. For us, this commitment is another logical step in our comprehensive sustainability strategy. As an international private bank that operates around the globe, we are convinced that banking and the entire financial sector must become stronger advocates for sustainability – and the sooner, the better. This is the only way we can work together with other sectors and stakeholders to achieve the ambitious climate targets required to halt the catastrophic consequences of climate change. The measures of the Net-Zero Banking Alliance point the way and are an important step in the right direction."

Lloyds Banking Group
António Horta-Osório, Group Chief Executive
Lloyds Banking Group

“Climate change is the challenge of our generation and generations to come. Finance will play an important role in helping to incentivise a just and smooth transition. We’re committed to playing our part and proud to be part of the Net-Zero Banking Alliance. Lloyds will work with its customers, Government and the market to help reduce the emissions it finances by more than 50 per cent by 2030 and be net-zero carbon emissions by 2050 or sooner.”

Republic Financial Holdings
Nigel M. Baptiste, President & CEO
Republic Financial Holdings Limited

“The adverse effects of the climate crisis on the planet requires bold action and ambitious long-term commitments by all towards a sustainable environment for future generations. We believe the formation of the Net-Zero Banking Alliance is the first of such bold steps being undertaken by global banks and Republic Bank is proud to be one of the founding members towards this climate goal. We are committed to working with our clients to achieve the collective goal of net-zero carbon emissions by 2050 as one of several actions we intend to take on climate action.”

Santander
Ana Botin, Group Executive Chairman
Santander

“If we are to green the world’s economy, we need a truly global effort - banks, companies, governments, regulators and civil society working together at pace. At Santander we are proud to be part of the founding members of this new alliance, and to accelerate progress towards net-zero.”

SEB
Johan Torgeby, President & CEO
SEB

"Climate change is one of the biggest challenges of our times and as a bank we have an important role to play in supporting the transition towards a low-carbon society. We welcome the Net-Zero Banking Alliance initiative, and the opportunity to join forces with other committed members in order to reach the targets set out in the Paris Agreement."

Shinhan Financial Group
Cho Yong-byoung, President & CEO
Shinhan Financial Group

"Shinhan Financial Group hope to play a role in finance towards global Net-Zero through this participation in Net-Zero Banking Alliance. Based on the Shinhan ESG principle by 'Finance for Impact', Shinhan will cooperate with more stakeholders to create an eco-friendly world for future generations."

Société Générale
Frédéric Oudéa, CEO
Société Générale

"We collectively need to accelerate and step up the global ambition to meet the Paris Agreement goals. At Société Générale, we believe in the driving role of banks and in the power of coalitions to pave the way for impactful progress. In line with our corporate purpose and after having been a Founding Signatory of the Principles for Responsible Banking and the Collective Commitment for Climate Action, we are committed now to join the Net-Zero Banking Alliance to build a sustainable future as well as a manageable transition for our economies. This robust international coalition and common frameworks will create a true momentum, alongside our clients and other stakeholders, to limit global warming for generations to come."

Standard Chartered
Bill Winters, Group Chief Executive
Standard Chartered

"The greatest barrier to a net-zero future is financing the associated transition, especially in emerging markets where carbon-intensive sectors experience the most significant capital shortfall. We are proud to be joining the Net-Zero Banking Alliance, working together with our peers to support our clients and communities as they make the necessary changes for a cleaner, greener tomorrow."

UBS
Ralph Hamers, Group CEO
UBS

"Transitioning to a net zero global economy will be essential to avoid the most catastrophic outcomes from climate change. The Net-Zero Banking Alliance will provide a powerful platform and framework for the financial services sector to work on and to identify the fastest, most effective ways forward on this journey. At UBS, we are proud to be a founding member of this important initiative."

Triodos Bank
Peter Blom, Chief Executive Officer
Triodos Bank

"We welcome the Net-Zero Banking Alliance and the commitment of the members to adopt policies and strategies to reach a net-zero economy. We encourage all banks to set targets to reach net-zero well before 2050. We are running out of time and without strong action from all global stakeholders, the Paris climate goals will be out of reach. If that happens, future generations will be forced to cope with the adverse effects of uncontrolled climate change. Triodos Bank stands behind the most ambitious scenario of the Paris Agreement, limiting global temperature rise to at most 1.5°C. Today’s climate emergency can only be addressed when we all accept the responsibility to act and to do so together."

Vancity
Christine Bergeron, CEO
Vancity

“Financial institutions have an enormous economic and social footprint. We must rally that influence to take on the crisis facing our planet and support the shift to a low carbon economy that is clean and fair for everyone. Vancity is proud to be a founding member of the Net-Zero Banking Alliance and to support the global collective effort to limit warming to 1.5°C.”

Source: UNEP FI, S&P Global 2021 and member banks. Percentage of global banking assets is benchmarked to the FSB Global Monitoring Report 2021 and may fluctuate over time depending on market conditions.