The collapse of net zero alliances among investment firms and banks represents the third pillar of the progressive left to ...
BlackRock and JPMorgan have committed “a stark betrayal of the responsibility that they have in addressing the climate crisis ...
New York Post on MSN12d
Climate group Net Zero Asset Managers suspends activities days after BlackRock quitsThe decision followed months of escalating pressure from some Republican politicians over its stance on investing in fossil ...
BlackRock, the world's largest asset manager, recently withdrew from its membership with Net Zero Asset Managers initiative (NZAM), a coalition committed to achieving net-zero greenhouse gas emissions ...
Major financial institutions are abandoning net-zero climate alliances amid political pressure and legal threats, signaling a potential shift in the landscape of climate finance.
Trillion dollar asset manager Northern Trust has also quit Climate Action 100+, an investor-led initiative of financial ...
The announcement comes on the heels of BlackRock ’s Jan. 9 letter to clients saying that it would be leaving the initiative.
Many state plans confirm their climate-forward and sustainable investing initiatives as BlackRock retreats from its ...
BlackRock dropped out of the United Nations-backed climate change investing initiative, which was followed by NZAM suspending ...
Business travel emissions have risen at the major U.S. banks that recently quit global net-zero banking alliances.
NZAMI’s suspension follows a mass exodus of U.S. banks from its sister organization, the Net Zero Banking Alliance, or NZBA, ...
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