BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the ...

Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect ...

BlackRock, which manages some $11.5 trillion in assets ... the sort of flight by asset managers that diminished the influence ...

The world’s largest asset manager is latest Wall Street firm to quit climate groups.

said they are dropping their membership from the UN climate coalition. BlackRock’s likely departure is more significant. The world’s largest investment fund, with more than $10 trillion in ...

The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...

Big banks have been backing away from their commitment to fight climate change via "net zero" carbon emissions as political winds have shifted.

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.

Texas Attorney General Ken Paxton wrote on Jan. 23 to the firms saying they appear “to unlawfully advance discriminatory” ...

Engineering pension fund PME, one of the largest in the Netherlands, is considering breaking ties with asset manager ...