Reported 3 days ago
Morgan Stanley has announced its decision to leave the Net-Zero Banking Alliance, joining other U.S. banks that have recently withdrawn from this major climate coalition. Although the bank did not provide a specific reason for its departure, it faces scrutiny from Republican politicians regarding its climate initiatives. Despite this exit, Morgan Stanley reaffirmed its commitment to support the global transition to net-zero carbon emissions and plans to continue reporting on its emissions reduction targets.
Source: YAHOO