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alliances without any explanation, a signal of diminishing interest on Wall Street in climate activism amid significant pushback from Republicans.and financial firms across the globe, including eight others from the United States, such as Wells Fargo and Morgan Stanley.
“Missouri farmers, oil leasing companies, and other businesses that are vital to Missouri’s and America’s economy will be unable to get a loan because of this alliance,” Schmitt said around the launch of the inquiry, adding, “These banks are accountable to American laws — we don’t let international bodies set the standards for our businesses.”
Goldman Sachs did not explain why it would be leaving the coalition but said in a statement it would still be focusing on its sustainability goals in the future. Goldman Sachs insisted it has made “significant progress” on its net-zero goals in recent years and plans to expand to additional sectors in those efforts in just a few short months.
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