CARBON SOLUTIONS

NET-ZERO BANKING ALLIANCE

NET-ZERO BANKING ALLIANCE

Banking industry has a key role in the decarbonization of business.
The Net-Zero Banking Alliance is an alliance supported by the UN, representing over 40% of global banking assets..
Semtrio-Net-Zero-Banking-Vector

Being a member of the Net-Zero Banking Alliance means that your bank is committed to aligning its lending and investment activities with net zero emission targets by 2050.

By becoming a member of the Net-Zero Banking Alliance, you can demonstrate your commitment to the net zero transition of the economy and your support for decarbonization strategies.

Being a member of the Net-Zero Banking Alliance means that your bank is committed to aligning its lending and investment activities with net zero emission targets by 2050.

Semtrio-Net-Zero-Banking-Vector

By becoming a member of the Net-Zero Banking Alliance, you can demonstrate your commitment to the net zero transition of the economy and your support for decarbonization strategies.

Become a member of the Net-Zero Banking Alliance with Semtrio’s team of finance and sustainability experts.

Net-Zero Commitments
in Sustainable Banking

You are required to make commitments involving all your operations to become a Net-Zero Banking Alliance member. Requirements include:
  • Setting emission reduction targets in compliance with the Paris Agreement by 2050,
  • Calculating and reporting annual emissions caused by credit and investment activities,
  • Defining industry-based emission reduction scenarios relying on methodological approaches and negative emission technologies,
  • Revising and updating the targets every five years in accordance with international standards to ensure consistency.


Join Net-Zero Banking Alliance to become one of the banks leading corporate trends.

Net-Zero Banking
Alliance Membership

Semtrio is at your side in the transition
to sustainable finance with its expert team. Semtrio is at your side in the transition to sustainable finance with its expert team.
Preparation of
the Commitment
Letter Preparation of the
Commitment Letter

A letter of commitment is signed including your emission reduction targets and sent to the Net-Zero Banking Alliance. The calculation process begins for the Science Based Targets the bank committed to.

Forming a
Business
Strategy Forming a
Business Strategy

Short, medium, and long-term emission reduction investments and plans are integrated into the business strategy. An action plan is set to achieve emission reduction in the value chain, in cooperation with all shareholders.

Compiling and
Application Compiling and
Application

The outputs and strategies obtained from the studies are compiled in accordance with the guidelines of the Net-Zero Banking Alliance and the application is made.

Tracking
Carbon
Footprint Tracking Carbon Footprint

After the approval, the bank’s corporate carbon footprint is tracked and disclosed in publicly available sources annually.

Why is it Important to become a Net-Zero Banking Alliance Member?

Why is it Important to become a Net-Zero Banking Alliance Member?

By becoming a Net-Zero Banking Alliance member,
You will contribute to sustainable development with your net zero transition efforts.
You will participate in a forum established to support the net zero transition of banks.
You will have the opportunity to share your experiences with other banks in the industry.
You will lead methodologies and practices in sustainable finance
You will identify risks and gaps in current practices and work with industry leaders to overcome them.

Why Semtrio?

As one of the top sustainability teams in the world, we make sustainability possible for all industries.
Expert Team

At Semtrio, we work as a team of experts who are always up-to-date with global developments and uses next generation methods for you to achieve the most effective results.

Integrated Approach to
Sustainability

We prioritize the sustainable growth of the brands we partner with by building a balanced relationship between sustainability and profitability.

Credibility and
Transparency

As one of Turkey's most respected companies in the industry, we prove your commitment to transparency.

Tailor-Made Projects

We combine internationally accepted roadmaps with our leading know-how and implement tailor-made projects in accordance with your company’s mission and vision.

Contact us to get more information about Net-Zero Banking Alliance and meet with our expert team!
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FREQUENTLY ASKED QUESTIONS

What is Net-Zero Banking Alliance?

The Net-Zero Banking Alliance (NZBA) is a global collaboration established by the United Nations Environment Program Finance Initiative (UNEP FI).

Banks that are members of this association have the following commitments:
  • Focus on reducing emissions in carbon-intensive priority sectors.
  • Limiting global warming to 1.5°C is in line with the Paris Agreement.
  • Adopting a climate science-based approach while reducing emissions.
  • Setting targets at the level of carbon-intensive sectors.
  • Setting emission reduction targets for 2030 and 2050 every 5 years starting from 2030.
  • Aligning portfolios with the target of net zero emissions by 2050.
  • Promote the transition to a net zero economy.

What is Net Zero Emissions Target?

Net zero emission targets can be defined as reducing the global emissions to half by 2030 and neutralizing them by 2050 to reverse and stop the irreversible damage from global warming.

What is Sustainable Banking?

Sustainable banking means continuing banking activities by evaluating the non-financial factors, such as environmental and social dimensions. Thanks to sustainability activities in banking, climate-oriented risks are internalized into economic activities.
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