On the even of President-elect Trump’s second term, six major US banks have taken the easy way out, bailing on the Net Zero Banking Alliance (NZBA).

The NZBA was a UN-sponsored group of financial institutions committed to achieving net zero and taking positive climate action. According to The Guardian, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, and Wells Fargo have all backed out.

Trump has been a vocal critic of companies taking climate action, with promises to roll back environmental protections and engage in near-unrestricted oil drilling. It seems the nation’s top financial institutions lack the will to remain part of the NZBA in the face of a second Trump administration.

Further complicating the matter, some lawmakers have threatened antitrust action against banks in the NZBA, accusing them of colluding with climate activists to reduce reliance on fossil fuels. BlackRock, Vanguard, and State Street are already facing a lawsuit by several states over their climate policies.

The firms’ change of direction is not going over well with analysts.

“The sudden exodus of these big US banks out of the NZBA is a lily-livered effort to avoid criticism from Trump and his climate denialist cronies,” Paddy McCully, a senior analyst at the campaign group Reclaim Finance, told The Guardian

“A few years ago, when climate change was at the front of the political agenda, the banks were keen to boast of their commitments to act on climate. Now that the political pendulum has swung in the other direction, suddenly acting on climate does not seem so important for the Wall Street lenders.”

Despite withdrawing from the NZBA, several of the banks said they remained committed to meeting their net zero climate goals.

Only time will tell if the banks live up to their climate promises or let them go by the wayside.