BlackRock literally exited a weird, self-serving and futile environmental virtue signaling coalition of companies as Los ...

Following BlackRock's departure, the Net Zero Asset Managers initiative pauses operations to reassess its future direction ...

As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations created one such institution, the “ Net Zero Asset Managers Initiative ,” ...

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 ...

Trillion dollar asset manager Northern Trust has also quit Climate Action 100+, an investor-led initiative of financial ...

BlackRock and JPMorgan have committed “a stark betrayal of the responsibility that they have in addressing the climate crisis ...

The announcement comes on the heels of BlackRock ’s Jan. 9 letter to clients saying that it would be leaving the initiative.

The collapse of net zero alliances among investment firms and banks represents the third pillar of the progressive left to ...

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

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

A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its ...

NZAMI’s suspension follows a mass exodus of U.S. banks from its sister organization, the Net Zero Banking Alliance, or NZBA, ...