Committed to Net Zero

We are a global group of Financial Service Providers committed to supporting the goal of global net zero greenhouse gas emissions by 2050 or sooner, in line with the ambition to limit the global temperature increase to 1.5°C above pre-industrial levels.

About us

Why service providers?

Service providers are an essential part of finance sector action on climate change. NZFSPA is made up of four groups with a vital and connected role to play.

Auditors build trust and confidence in information through the assurance services they provide on company-prepared financial information.

Exchanges run and maintain critical infrastructures and networks connecting investors, issuers and regulators. They act as influencers, educators and information gateways.

Index providers give real-time information about market performance. This is a key input for passive investment products and active investment funds strategies.

Research and data providers develop the research and data needed by all links in the investment chain. They also engage with and educate their clients, corporate issuers, and others.

How does NZFSPA work?

Each NZFSPA group translates the alliance’s eight-point commitment into a voluntary, non-prescriptive framework for net zero targets, taking into account technical elements specific to their group.

Individual members then use their group’s framework as guidance to set net zero targets that are appropriate for their own organisation and services, based in the best available science.

Targets are expected to be published within 12 months of the framework being launched or, for new members, within 12 months of joining. A public report against individual-level targets is expected from each member within a further 12 months.

Members are held to account over their work through public disclosure of individual targets and reporting against these.

Alliance Members

Amman Exchange logo
arcturus logo
BDO logo
Bahrain Bourse logo
Bloomberg logo
Bolsa Mexicana logo
cboe logo
Clarity AI logo
Deloitte logo
Deutsche Borse logo
GRESB logo
Grant Thornton logo
EY logo
HKEX logo
JPX logo
JSE logo
KPMG logo
LSEG logo
latinex logo
Luxembourg Stock Exchange logo
Minerva Analytics logo
Moody's logo
Morningstar logo
MSCI logo
MSX logo
PSE logo
PWC logo
Palestine Exchange logo

    responsible alpha logo
SGX logo
S&P Global logo
image of trees in reflection of office window

The new Net Zero Financial Service Providers Alliance will be critical to helping the financial sector achieve net zero. By joining the alliance and GFANZ, these firms are committing to ensuring their products and services support a high ambition, credible net zero transition that we need to achieve our 1.5 degree goal.

Mark Carney, the former Governor of the Bank of England, and the UK Prime Minister’s Finance Adviser for COP26