Morgan Stanley to leave sector climate coalition
Investment bank Morgan Stanley said on Thursday it had decided to leave the Net-Zero Banking Alliance, becoming the latest U.S. lender to quit the sector's top global climate coalition.
Morgan Stanley becomes latest bank to leave ‘net-zero’ climate alliance
Morgan Stanley is the latest financial institution to leave the Net-Zero Banking Alliance. Citigroup and Bank of America left on Tuesday. Goldman Sachs Group and Wells Fargo departed in December.
Morgan Stanley Follows Citi, BofA in Quitting Climate Group
Morgan Stanley terminated its membership of a major climate-banking group, joining a wave of Wall Street firms that recently quit a global alliance intended to aid the reduction of greenhouse-gas emissions.
Morgan Stanley is latest to leave climate-banking group
Bank of America, Citigroup, Wells Fargo and Goldman Sachs have also withdrawn from the Net-Zero Banking Alliance in the past month, as President-elect Donald Trump prepares to take office.
Morgan Stanley joins Goldman Sachs, Citi in exodus from UN-backed climate alliance
Citigroup and Bank of America said they were leaving the group earlier this week, and Goldman Sachs and Wells Fargo made the same announcement in December.
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan Stanley has decided to withdraw from the Net-Zero Banking Alliance.
Morgan Stanley becomes latest US bank to quit climate alliance
Morgan Stanley has become the latest major Wall Street bank to withdraw from a key climate banking coalition, following similar moves by Citigroup and Bank of America earlier this week
Morgan Stanley joins exodus from Mark Carney’s net zero banking group
Morgan Stanley has quit Mark Carney’s net zero banking group, joining a broader Wall Street exodus as Donald Trump prepares to re-enter the White House.
Morgan Stanley follows Citi, BofA in quitting climate group NZBA
The Net-Zero Banking Alliance has been rocked by numerous recent defections in the US amid political pressures.
JPMorgan considering exiting UN-backed climate alliance for banks, WSJ reports
JPMorgan (JPM) the only major U.S. bank left in the United Nations-backed Net-Zero Banking Alliance, is considering withdrawing from it, The Wall
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Banks Celebrate the New Year by Quitting Their Climate Pledges
This should surprise no one. And it shows the practical considerations that have always undergirded these sorts of moves.
Exodus by Wall Street Banks From Climate Group Worries Advocates
U.S. lenders have been rushing in recent weeks to leave one of the world's top banking sector climate coalitions, drawing scorn from campaigners who worry ...