LONDON, Jan 7 (Reuters) - JPMorgan ( JPM ) said on
Tuesday it had decided to leave the Net-Zero Banking Alliance,
the latest exit from the sector's biggest climate coalition amid
rising U.S. political pressure.
"We will continue to work independently to advance the
interests of our Firm, our shareholders and our clients and
remain focused on pragmatic solutions to help further low-carbon
technologies while advancing energy security," a company
spokesperson said in a statement.
"We will also continue to support the banking and investment
needs of our clients who are engaged in energy transition and in
decarbonizing different sectors of the economy."
Goldman Sachs ( GS ) quit the alliance in December.