US EditionGoldman Sachs quits global climate coalition for banks
- Goldman Sachs has quit the Net-Zero Banking Alliance, which aimed to align bank activities with climate efforts, marking a notable exit of a U.S. Financial firm.
- The decision follows pressure from some Republican politicians who suggested that membership could violate anti-trust rules.
- Despite leaving the NZBA, Goldman Sachs remains committed to sustainability and its role in the energy sector.
18 Articles
18 Articles
Goldman Sachs to leave ‘net zero’ climate change group
Goldman Sachs said it has quit a sector coalition aimed at aligning bank lending and investment activities with global efforts to fight climate change, marking the latest high-profile departure of a US financial firm from the group.
ESG Continues to Crumble: Goldman Sachs Leaves UN's Net Zero Banking Alliance
Financial industry giant Goldman Sachs has announced it will no longer participate in the UN-backed, ESG-related Net Zero Banking Alliance. ... The post ESG Continues to Crumble: Goldman Sachs Leaves UN’s Net Zero Banking Alliance appeared first on The New American.
Goldman Decides to Leave World's Top Climate Alliance for Banks
(Bloomberg) — Goldman Sachs Group Inc. is quitting a major climate group for banks, as increasingly complex regulations and US political attacks lead some of the financial industry’s biggest firms to rethink such affiliations.
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