With the closure of the Net-Zero Banking Alliance, Prof Johan Sulaeman, Director of SGFIN, highlighted a pivotal moment for Asian banks and regulators. He emphasized that transparency, consistent climate disclosures, and stronger accountability are essential to maintain credible net-zero commitments. While the absence of a global oversight body creates challenges, it also presents a rare opportunity: banks can take direct ownership of their decarbonisation journeys, aligning strategies with regional and sectoral realities. Prof Johan called on regulators and industry groups to provide guidance and frameworks that ensure progress remains measurable, transparent, and impactful.
