Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...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

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny.

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

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 ...

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” ...

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