Bloomberg News: BlackRock Leaves Major Climate Group Amid Wall Street Exodus — ‘As Donald Trump returns to the White House’
https://finance.yahoo.com/news/blackrock-leaves-major-climate-group-194831466.html?guccounter=1 By Silla Brush and Saijel Kishan (Bloomberg) — 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. The money manager said Thursday in a letter to clients that it decided to leave the Net-Zero Asset Managers initiative. Membership […]
BlackRock has officially left the UN-sponsored ‘Net Zero Asset Managers Initiative’ in a massive blow to the ESG investing movement
SCOOP: @BlackRock has officially left the @UN-sponsored “Net Zero Asset Managers Initiative” in a massive blow to the ESG investing movement. BlackRock is the world largest asset manager and once a leader in Environmental Social Governance investing. It alerted its clients today… — Charles Gasparino (@CGasparino) January 9, 2025
Report: In a stunning reversal, BlackRock is considering exiting the so-called ‘Net Zero Alliance,’ the UN sponsored coalition of top corporations who pledge to reach zero-carbon emissions by 2050
SCOOP: In a stunning reversal of years making ESG investing a priority and a huge blow the corporate sustainability movement, @BlackRock is considering exiting the so-called “Net Zero Alliance,” the @UN sponsored coalition of top corporations who pledge to reach zero-carbon… — Charles Gasparino (@CGasparino) January 7, 2025