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Reuters

Wells Fargo departs climate banking group in another high-profile exit after Goldman

Reuters
Summary
Nutrition label

76% Informative

Wells Fargo has withdrawn from a group of global banks committed to curbing greenhouse gas emissions.

The bank has ended its membership in the Net-Zero Banking Alliance, a spokesperson said on Friday .

Goldman Sachs has also pulled out of the alliance two weeks ago .

Financial firms have been criticized for their ties to the fossil fuel industry.

VR Score

86

Informative language

92

Neutral language

48

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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