The Alliances and GFANZ
Shaping the future
The Alliances comprise over 550 financial institutions from a diverse range of 50 countries. By their own initiative, these firms have made ambitious science-based commitments to support the transition to net zero.
How Alliance member firms are driving change:
Raising ambition
Firms demonstrate net-zero ambition, action, and impact to the market, their customers, and policymakers while amplifying financial industry advocacy for decarbonizing the global financial system.
Collaborating across sectors
Firms collaborate (where appropriate) across different financial sectors on substantive and cross-cutting issues to address common challenges at scale, develop new tools and solutions, and share best practice approaches to their own independent net zero commitments.
Impacting policy
Firms engage with governments and climate experts to help shape the structural reforms needed to unlock more private finance.
Membership criteria
GFANZ does not set membership criteria. Firms are connected to GFANZ not through direct membership but via the sector-specific Alliance(s) to which they have signed on. To ensure credibility and consistency, membership in Alliances is open to any firm meeting the published entry criteria of the Alliances.
Additionally, from time-to-time, non-Member private and public sector organizations may also participate in GFANZ activities.
Sector-specific alliances
Seven sector-specific alliances drive progress at the grassroots level to raise the ambition on net-zero commitments, increase engagement, and support their members’ acceleration of their alignment journeys. (Organizations are listed in order of founding date.)