Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...

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

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

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

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 ...

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

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

Just days after BlackRock, the world’s largest asset manager, dropped out of Net Zero Asset Managers, the climate change investing initiative suspended its activities on Monday. On Jan. 9 ...

Northern Trust Asset Management has withdrawn from two major climate change-related initiatives, the latest in a string of ...

Nasdaq has proposed a new system for BlackRock's iShares Bitcoin ETF, allowing institutional investors to redeem shares ...

Meanwhile, BlackRock, the world’s ... to join target-setting groups. “This change reflects the progress delivered to date, the spread of climate regulation, and the need to mobilize more ...