The Japan TimesAug 16, 2025
Inside the world’s largest climate coalition for banks, there’s speculation that an exodus led by Wall Street could be about to spread to the European Union. https://www.japantimes.co.jp/business/2025/08/16/eu-banks-net-zero-coalition/?utm_medium=Social&utm_source=mastodon #business #climatechange #emissions #banks #eu #us #netzerobankingalliance
Banking’s ailing climate coalition loses ground in Europe

Inside the world’s largest climate coalition for banks, there’s speculation that an exodus led by Wall Street could be about to spread to the European Union.

The Japan Times
James HawleyJan 19, 2025

Banks are not to be trusted with climate initiatives.

https://www.cbc.ca/news/business/canada-banks-leave-net-zero-banking-alliance-1.7435273

All the major Canadian banks were part of the Net-Zero Banking Alliance and _still_ funnelled hundreds of billions of dollars into fossil fuel companies every year.

https://www.bankingonclimatechaos.org/

Leaving this alliance is not going to diminish their investments in climate chaos because they will not fight against their own profits.

#climateChange #netzerobankingalliance #cdnpoli

4 of Canada's biggest banks leave Mark Carney-led climate initiative | CBC News

Four of Canada's biggest banks have left the UN-backed Net-Zero Banking Alliance, an initiative led by former Bank of Canada governor and now contender for Liberal leader Mark Carney that aims to accelerate climate action among financial institutions.

CBC
Tyler K. NothingJan 9, 2025
While I can’t speak to other motivations, it’s clear that #WallStreet didn’t need to be pressured by #MAGA #Republicans to leave the #NetZeroBankingAlliance. It’s just a convenient excuse. This is how #Capitalism works. Not for you, but for money and power. #uspol #finance https://www.salon.com/2025/01/07/wall-street-bails-on-climate-change-coalition-after-pressure/
Wall Street bails on climate change coalition after Republican pressure

Goldman Sachs, Wells Fargo, Morgan Stanley, Citi and Bank of America all left the Net-Zero Banking Alliance

Salon.com
Tyler K. NothingJan 9, 2025
While I can’t speak to other motivations, it’s clear that #WallStreet didn’t need to be pressured by #MAGA #Republicans to leave the #NetZeroBankingAlliance. It’s just a convenient excuse. This is how #Capitalism works. Not for you, but for money and power. #uspol #finance www.salon.com/2025/01/0…
Wall Street bails on climate change coalition after Republican pressure

Goldman Sachs, Wells Fargo, Morgan Stanley, Citi and Bank of America all left the Net-Zero Banking Alliance

Salon.com
Tino EberlJan 4, 2025

#MorganStanley zieht sich aus der #NetZeroBankingAlliance zurück – wie zuvor #Citigroup und #BankOfAmerica.

https://orf.at/stories/3380598/

Die #Klimakoalition zielt auf Netto-null-Emissionen bis 2050 ab. Gründe nannte die Bank nicht, betont aber ihr Engagement für #Klimaziele. Politischer Druck in den USA könnte eine Rolle spielen.

#Klimaschutz #Banken #NetZero #MorganStanley

Auch US-Großbank Morgan Stanley verlässt Klimaallianz

ORF.at
Núria Albet 🍉Jan 3, 2025

Criminals. All of them. Real ecoterrorists: Bank of America, Citigroup, Goldman Sachs, Wells Fargo.

Move your money where it is safe from psychopaths who care more about profits than life in this planet. My money is already in safe place in a cooperative ethical bank.

#ClimateChange #NetZeroBankingAlliance #EthicalFinance
Citi and BofA exit UN-backed global climate alliance for banks
https://www.ft.com/content/acaeff4c-175c-41a0-806b-e870f1f1f53d

Citi and BofA exit UN-backed global climate pact

The pair are the latest major US banks to drop out as firms walk back pledges with Donald Trump resuming the US presidency

Financial Times
AmgineMar 21, 2024

Is your #bank on this list?

Eleven of these banks have signed onto the #UN;s #NetZeroBankingAlliance #NZBA. Despit this, they are all financing development of the Rosebank oil and gas field

20% is owned by #DelekGroup, listed by the UN as illegally operating in #Palestine.

#oil #finance

Rosebank oil and gas field - Wikipedia