A climate-aligned finance agreement establishes a framework for assessing and disclosing the degree to which the greenhouse gas emissions associated with a financial institution’s portfolio are in line with 1.5☌ climate targets. Several top lenders to the steel sector-Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered, and UniCredit-have come together to define common standards of action for steel sector decarbonization through a collective climate-aligned finance agreement. Leading lenders to the global steel industry-Citi, Goldman Sachs, ING, Societe Generale, Standard Chartered, and UniCredit-are working together to develop a climate-aligned finance agreement to support steel sector decarbonization.
Six Global Banks Come Together to Decarbonize Steel
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