Swiss lenders invited to join carbon reduction banking groups

By Dawood Fakhir (April 26, 2022, 2:53 p.m. BST) — The Swiss Bankers Association on Tuesday urged its members to join international zero-carbon alliances and other initiatives that help reduce emissions in the banking sector and support measures to reduce the impact of global warming.

The banking body said it joined the Net-Zero Banking Alliance this month to highlight the importance of such groups in achieving global goals for a climate-friendly economy.

The industry group said international net-zero alliances are the way forward for its members as they strive to meet emissions targets. These alliances, which also include the Net-Zero Asset Managers initiative, set goals for members…

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