An exodus from banking’s biggest climate target-setting group has provided an opportunity for US banks to ditch awkward commitments while still selling “green” products and services.
Citigroup, Bank of America and Morgan Stanley have quit the Net-Zero Banking Alliance (NZBA), following Wells Fargo and Goldman Sachs, in the final weeks of 2024, citing the need for more targeted strategies.
Big banks and asset managers have been caught for most of the past two years in a political war between “anti-woke” attacks from US politicians which are expected to escalate under US president-elect Trump, and pressure to meet tougher EU standards on disclosure of environmental risks.
您已閱讀9%（676字），剩余91%（6622字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。