BlackRock quits climate group as Wall Street lowers environmental profile
BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the latest Wall Street firm to leave an environmentally focused investor group under pressure from Republican politicians.
BlackRock departs climate group as Wall Street reassess green priorities
BlackRock withdraws from NZAMI, citing confusion and legal risks, raising questions about its ESG strategy and impact on climate commitments.
BlackRock quits climate alliance as Wall Street retreats from environmental stance
BlackRock, the world's largest asset manager, has withdrawn from a major climate change initiative amid mounting pressure from Republican politicians and regulatory scrutiny
BlackRock quits climate group in Wall Street's latest environmental step-back
BlackRock, the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers initiative, Wall Street's latest environmental step-back amid antitrust concerns raised by Republican politicians.
Wall Street firms are ditching climate coalitions. Do they matter?
BlackRock, the world’s biggest asset manager, is the latest financial firm to back out of a voluntary climate initiative it joined just a few years ago.
BlackRock leaves major climate group amid Wall Street exodus
BlackRock, which oversees more than $11 trillion, has been the subject of attacks from GOP lawmakers for embracing what conservatives call “woke” policies.
UN chief upset Blackrock quit climate group, urges others to stay
U.N. Secretary-General Antonio Guterres is disappointed that the world's biggest asset manager, BlackRock BLK.N, has left a global initiative to combat climate change, his spokesperson said on Friday,
BlackRock quits climate change group in latest green climbdown
BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny. The world’s largest money manager told institutional clients in a letter on Thursday that it had quit Net Zero Asset Managers,
BlackRock quits climate group, Reuters reports
BlackRock (BLK) is exiting the Net Zero Asset Managers initiative, Reuters’ Ross Kerber reports. “Our memberships in some of these
IJR19h
JASON ISAAC: Wall Street Wants You To Believe It’s Backing Away From ESG. Reality Paints A Different Picture
Financial institutions across the world are engaging in the height of hypocrisy, publicly renouncing controversial groups ...
devdiscourse1d
BlackRock Exits NZAMI Amid Political Pressure
Amid political pressure from Republican officials, BlackRock has left the Net Zero Asset Managers Initiative, citing ...
Why are major banks like JPMorgan, Citi, and BofA leaving Net-Zero Banking Alliance?
JPMorgan Chase, along with other major US banks, has made a decisive move away from the Net Zero Banking Alliance (NZBA), ...
BlackRock part ways with major climate group after being targeted by Republicans for its efforts on global warming
BlackRock, which oversees more than $11 trillion, has been the subject of attacks from GOP lawmakers for embracing what ...
devdiscourse1d
BlackRock's Climate Initiative Departure Sparks Controversy
BlackRock, the world's largest asset manager, exits the Net Zero Asset Managers Initiative amid Republican pressure, sparking ...
JPMorgan completes Wall Street's retreat from key climate alliance
Then nation's largest bank JPMorgan said Tuesday its leaving the Net Zero Banking Alliance, completing a mass exodus of Wall ...
Morningstar2y
Net Zero Asset Managers Initiative
The Net Zero Asset Managers Initiative, or NZAMI, is an international group of asset managers committed to supporting the goal of net-zero greenhouse gas emissions by 2050 or sooner. To date ...
BlackRock bows out of climate group amid antitrust concerns
BlackRock exits major climate group amid criticism from Republicans, citing legal inquiries and confusion over its practices.