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Citi, BofA Exit Net-Zero Banking Alliance

Citi and Bank of America have announced that they are leaving the Net-Zero Banking Alliance, a global climate-banking group. This decision comes after Goldman Sachs and Wells Fargo had already exited the coalition in recent weeks. Despite their departure from the alliance, both Citi and Bank of America remain committed to achieving net zero emissions targets.

https://news.bloomberglaw.com/esg/citigroup-decides-to-leave-climate-banking-group