Wells Fargo Exits Net-Zero Alliance
This is a news story, published by Yahoo Finance, that relates primarily to Wells Fargo news.
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global banksReuters
•Wells Fargo departs climate banking group in another high-profile exit after Goldman
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Wells Fargo has withdrawn from a group of global banks committed to curbing greenhouse gas emissions.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.
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