A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its ...
The decision followed months of escalating pressure from some Republican politicians over its stance on investing in fossil ...
Big banks have been backing away from their commitment to fight climate change via "net zero" carbon emissions as political ...
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...
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 ...
BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the ...
BlackRock dropped out of the United Nations-backed climate change investing initiative, which was followed by NZAM suspending ...
BlackRock, the world’s biggest asset manager, is the latest financial firm to back out of a voluntary climate initiative it ...
The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...
BlackRock, which manages some $11.5 trillion in assets, left the Net Zero Asset Managers initiative on Jan. 9 citing confusion over its climate efforts and legal inquiries from public officials.