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

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.

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 any ...

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

BlackRock, the world’s biggest asset manager, is the latest financial firm to back out of a voluntary climate initiative it ...

BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump ...

BlackRock dropped out of the United Nations-backed climate change investing initiative, which was followed by NZAM suspending ...

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” ...

The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...

A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world's biggest investor ...