Feb 11 (Reuters) - Australia's Macquarie Group ( MCQEF )

said on Tuesday it is exiting the Net Zero Banking Alliance

(NZBA), a group of global banks aiming to align their operations

with net-zero greenhouse gas emissions by 2050.

The investment bank follows six major U.S. banks - Goldman

Sachs ( GS ), Wells Fargo ( WFC ), Citigroup ( C/PN ), Bank of

America ( BAC ), Morgan Stanley ( MS ) and JPMorgan ( JPM ) -

which left the alliance over the last few months.

Macquarie did not provide a reason for leaving the

initiative.

The NZBA, formed in 2021 as a United Nations finance

initiative, consists of 134 banks across 44 countries with a

combined total asset value of about $56 trillion, according to

the alliance's website.

The remaining members of this alliance include HSBC ( HSBC )

, Barclays ( JJCTF ), Deutsche Bank and

Singapore's DBS Bank.

Earlier in the day, Macquarie said it found minimal exposure

to the disruptions in the U.S. green energy sector due to

President Donald Trump's executive orders prohibiting or

suspending federal funding for sustainable energy initiatives.

Macquarie said it will provide an update on its climate

activities in its annual report in May 2025.

(Reporting by Adwitiya Srivastava in Bengaluru; Editing by

Varun H K)