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

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 ...

Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of ...

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

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

Investor climate initiatives can and should play a role in stewarding the economy but have so far failed to bring real-world ...

The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...

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

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

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

To maintain his electoral mandate, incoming President Trump will have to deliver the economic goods — but he will not be able ...

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