BlackRock quits climate group

The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to an uptick in socially-conscious investing.
BlackRock, the world’s largest asset manager, has exited the Net Zero Asset Managers initiative, marking another major retreat from climate coalitions amid rising political and legal pressures.
Larry Fink had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon ...
Larry Fink had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon ...
BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the ...