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Financial institutions begin piloting dedicated SBTi standard
22 August 2024A group of 40 financial institutions has started piloting a dedicated standard for setting Science Based Targets, using a draft published by the initiative last month.
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Banks 'resisting SBTi fossil fuel phase-out goals'
27 April 2022Some banks in the US and Asia continue to resist the Science-Based Targets initiative (SBTi)'s proposed timeline for phasing out financing for fossil fuels, a member of the think tank has said.
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Private equity firms reach 'tipping point' in net-zero targets
22 April 2022European private equity firms have reached a critical threshold in the number setting science-based decarbonisation targets, a member of the Science Based Targets initiative (SBTi) has said.
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GFANZ lamented for 'no clear signs it has achieved anything'
21 April 2022A group of civil society organisations has written to Michael Bloomberg and Mark Carney to demand the $138 trillion financial sector coalition they co-chair to step up its game, in a letter that complained the initiative had shown no signs that it has achieved anything.