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- Feb 23, 2026
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UBS cut its seven-person Asia sustainability team to a headcount of three.
https://www.straitstimes.com/busine...ff-by-half-in-latest-pullback-by-global-banks
The chief sustainability office is now staffed with only 35 employees from > 100.
ABN Amro and Standard Chartered have also made cuts to their ESG headcounts. Barclays, HSBC and Wells Fargo have also downgraded top sustainability positions, a sure sign of lower hiring interest.
Major Wall Street banks have effectively stopped global initiatives by the financial sector on decarbonisation, most notably the end of the so-called "Net Zero Banking Alliance". *LOL*
But in singapore, the game plays on. Some hiring analysis platforms still insisting that Singapore’s green hiring market remains "robust". *LOL*
ESG and sustainability is just woke nonsense. Took u long enough to figure it out? *LOL*
https://www.straitstimes.com/busine...ff-by-half-in-latest-pullback-by-global-banks
The chief sustainability office is now staffed with only 35 employees from > 100.
ABN Amro and Standard Chartered have also made cuts to their ESG headcounts. Barclays, HSBC and Wells Fargo have also downgraded top sustainability positions, a sure sign of lower hiring interest.
Major Wall Street banks have effectively stopped global initiatives by the financial sector on decarbonisation, most notably the end of the so-called "Net Zero Banking Alliance". *LOL*
But in singapore, the game plays on. Some hiring analysis platforms still insisting that Singapore’s green hiring market remains "robust". *LOL*
ESG and sustainability is just woke nonsense. Took u long enough to figure it out? *LOL*
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