The Greenprint: Climate insights bulletin
Kaya Brown
The Greenprint timeline
May 2025
2nd May
Banking alliance drops 1.5°C alignment requirement
What happened?
The UN-backed Net Zero Banking Alliance has abandoned its requirement for banks to align their activities with the 1.5°C target, in a significant weakening of its framework.
What does this mean for businesses?
Companies may face less stringent climate requirements from their banking partners, with financial institutions having greater flexibility to manage transition targets. Unfortunately this could slow the pace of climate action in the financial sector and reduce necessary pressure on high-emissions industries.
2nd May
China commits to tougher climate targets as US retreats
What happened?
President Xi Jinping has committed China to more stringent greenhouse gas emission curbs by 2035 in his first major international climate appearance since 2021, stating that “no matter how the international situation changes, China will not slow down its efforts to address climate change”.
What does this mean for businesses?
China’s promise of strengthened climate leadership may create new market opportunities in clean energy and low-carbon technologies, as the global climate policy landscape grows increasingly divergent.
2nd May
Climate action has 89% global support but remains “silent majority”
What happened?New research reveals that 89% of people worldwide want stronger climate action, but most believe they’re in the minority, creating a “spiral of silence” phenomenon where people underestimate public support for climate policies.
What does this mean for businesses?
Companies championing climate initiatives have far more public support than commonly perceived, suggesting that bold sustainability commitments align with consumer values and could yield reputational benefits.
2nd May
UK planning bill “throws environmental protection to the wind”
What happened?
The heads of 32 UK nature organisations have warned that the government’s planning bill threatens environmental protections by streamlining regulations for developers
What does this mean for businesses?
The bill has not yet been passed, however companies in the UK development sector may face a shifting regulatory landscape which could lead to severe reputational risks from association with environmental degradation. Those with strong sustainability commitments should self-regulate beyond legal requirements to maintain credibility.