BlackRock Leaves Major Climate Group Amid Wall Street Exodus
1 day ago · (Bloomberg) -- BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican politicians for its efforts on global warming.Most Read ...
BlackRock leaves major climate group amid Wall Street exodus
11 hours ago · BlackRock, which oversees more than $11 trillion, has been the subject of attacks from GOP lawmakers for embracing what conservatives call “woke” policies. Home News
BlackRock Continues Wall Street Exodus From Net Zero Alliances
23 hours ago · BlackRock, the world’s largest asset manager, is quitting the Net Zero Asset Managers initiative in the latest exit of a major financial institution from a climate finance alliance since Donald ...
Bloomberg News: BlackRock Leaves Major Climate Group Amid …
2 days ago · Membership in the group “caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials,” the New York-based firm said. BlackRock, which oversees more than $11 trillion, has been the subject of attacks from GOP lawmakers for embracing what conservatives call “woke” policies.
BlackRock leaves NZAM as Wall Street runs from climate groups
1 day ago · BlackRock Vice Chair Phillipp Hildebrand and Global Head of Sustainable and Transition Solutions Helen Lees-Jones broke the news in a Thursday letter to clients, reported earlier by Bloomberg. The exit comes as incoming President-elect Donald Trump and Republican majorities in the House and Senate have increasingly turned such memberships into ...
BlackRock Quits Climate Group as Wall Street Lowers ... - U.S. News
2 days ago · BlackRock, which manages some $11.5 trillion, said that with two-thirds of its global clients committed to cutting emissions to net zero, it had made sense to join groups like the organization ...
BlackRock Joins the Exodus from Climate Commitments
23 hours ago · However, as political opposition intensified, BlackRock’s rhetoric softened. BlackRock’s decision comes amid a wave of similar withdrawals by major U.S. banks and asset manager. Competitors such as Vanguard Group left the same climate coalition in late 2022, and U.S. megabanks including Morgan Stanley, Citigroup, and Bank of America ...
BlackRock leaves climate-focused investment group - The Hill
1 day ago · 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 Continues Wall Street Exodus From Net Zero Alliances
23 hours ago · BlackRock Continues Wall Street Exodus From Net Zero Alliances By Tsvetana Paraskova - Jan 10, 2025, 5:19 AM CST BlackRock, the world’s largest asset manager, is quitting the Net Zero Asset Managers initiative in the latest exit of a major financial institution from a climate finance alliance since Donald Trump was elected U.S. President in ...
BlackRock exits NZAM climate alliance amid growing political …
21 hours ago · BlackRock has announced its departure from the Net Zero Asset Managers (NZAM) initiative following increasing pressure from Republican politicians over its climate efforts. ... This news follows a significant exodus of financial firms from net-zero climate alliances in recent weeks, including major US banks such as JPMorgan Chase, Morgan ...
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