Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...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

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

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 ...

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

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

In November 2022 BlackRock, the largest investment fund on the planet, purchased SolarZero for $110m. BlackRock invested some ...

Northern Trust Asset Management has withdrawn from two major climate change-related initiatives, the latest in a string of ...

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 ...