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 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 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 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Bank of America, Citigroup, Wells Fargo and Goldman Sachs have also withdrawn from the Net-Zero Banking Alliance in the past month, as President-elect Donald Trump prepares to take office.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 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.
Morgan Stanley decides to leave sector climate coalition
LONDON: Bank Morgan Stanley said on Thursday it had decided to leave the Net-Zero Banking Alliance, becoming the latest US lender to quit the sector's top global climate coalition.While the
Morgan Stanley joins Goldman Sachs, Citi in exodus from UN-backed climate alliance
Morgan Stanley said on Thursday it had decided to leave a UN-backed climate alliance — joining rivals Goldman Sachs and Citi in ditching the group amid conservative backlash toward environmental and diversity initiatives.
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