Goldman 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
US banking giant shakes UN-led 'Net-Zero Banking Alliance' - Türkiye Today
Goldman Sachs, a U.S.-based global bank, has withdrawn from the United Nations (U.N.)-backed “Net-Zero Banking Alliance,” which was established under the leadership of global banks. In a statement regarding the decision, the bank said: “We possess the necessary capabilities to achieve our goals and support our clients’ sustainability objectives.” The statement highlighted that Goldman Sachs remains focused on the rising sustainability standards …
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.
Coverage Details
Bias Distribution
- 62% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
