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CIBSE provides expert commentary in national coverage of HSBC Net Zero decision
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CIBSE provides expert commentary in national coverage of HSBC Net Zero decision

News
21 Jul 25
Panos Balalas

CIBSE has once again contributed expert insight on the topic of Net Zero, featuring in The Fintech Times—a nationally recognised publication and the world’s first newspaper dedicated solely to fintech.

The article explores HSBC’s recent decision to withdraw from the Net Zero Banking Alliance (NZBA), making it the first UK-based bank to leave the coalition. This follows similar exits by major US institutions including Citigroup, Morgan Stanley, JPMorgan Chase, Wells Fargo, Bank of America, and Goldman Sachs.

CIBSE’s Technical Director, Dr Anastasia Mylona, was invited to comment on the development, reaffirming CIBSE’s strong commitment to Net Zero and underscoring its continued support for the UK Net Zero Carbon Buildings Standard. Her contribution reinforced CIBSE’s authority on decarbonising the built environment and the importance of maintaining robust standards and accountability in the transition to Net Zero.

The article also featured perspectives from several other industry experts, including:

  • Roger Hattam, Director of Retail Banking at Triodos Bank

  • Nick Spicer FRGS, CEO of Your Eco

  • Sammi Gower, Director of Sustainability Consulting at R. Agency

  • Mimi Brown, Director of Corporate at The PHA Group

  • Naeem Siddiqi, Senior Risk Advisor at SAS

  • Ioannis Ioannou, Associate Professor of Strategy and Entrepreneurship at London Business School

Their collective insights highlight the wider industry concern around the implications of HSBC’s move and the future of Net Zero finance.

This national media coverage further strengthens CIBSE’s position as a trusted voice in the Net Zero space, and as a key contributor to shaping sustainable outcomes across the built environment.

Read the full article here: Does HSBC Net Zero Alliance Exit Signal a 'Dangerous Disconnect', or Will Only Time Tell? | The Fintech Times

Image credit: The Fintech Times

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