Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...
Texas Attorney General Ken Paxton wrote on Jan. 23 to the firms saying they appear “to unlawfully advance discriminatory” ...
Many state plans confirm their climate-forward and sustainable investing initiatives as BlackRock retreats from its ...
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.
The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.
Engineering pension fund PME, one of the largest in the Netherlands, is considering breaking ties with asset manager ...
Four of Canada’s biggest banks have left the UN-backed Net-Zero Banking Alliance that aims to accelerate climate action among ...
Northern Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA).
Financial institutions are pulling out of climate agreements in an apparent effort to appease the incoming Trump administration.
America needs high-performance computer chips. Intel was once the leading manufacturer of such chips. But now, even as ...
On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...