JPMorgan CEO Jamie Dimon
JPMorgan CEO Jamie Dimon
  • Wall Street giants like JPMorgan, State Street, and Pimco recently exited Climate Action 100+.
  • Other finance firms have walked back climate-friendly pledges and initiatives.
  • This shift comes amid increasing criticism of "woke capitalism" and scrutiny of ESG investing.

Some Wall Street giants, many of which have spent the last few years pledging to fight climate change through corporate responsibility, are now retreating from some of their environmental initiatives.