Wall Street banks turn back on net zero group before Trump's return
Portfolio Pulse from
Wall Street banks, including JPMorgan Chase, are exiting the UN-sponsored net zero banking alliance as Donald Trump prepares to return to the White House.

January 09, 2025 | 4:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
JPMorgan Chase has exited the UN-sponsored net zero banking alliance, reflecting a shift in strategy as Donald Trump prepares to return to the White House.
JPMorgan Chase's exit from the net zero banking alliance suggests a strategic shift possibly influenced by the anticipated regulatory environment under Trump's administration. This move may impact investor perception regarding the bank's commitment to sustainability, but the immediate financial impact is uncertain.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80