BlackRock Exits UN-Backed Net-Zero Climate Pact – Discern TV

5 days ago · A BlackRock spokesperson confirmed to The Epoch Times that the company has decided to withdraw from the Net Zero Asset Managers initiative (NZAM), a coalition …

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BlackRock Quits Climate Group As Wall Street Lowers Environmental ...

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5 days ago · BlackRock, which manages some $11.5 trillion, said that with two-thirds of its global clients committed to cutting emissions to net zero, it had made sense to join groups like the …

reuters.com

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BlackRock Withdraws From Climate Coalition, Backpedaling Again …

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5 days ago · BlackRock BLK 0.85% increase; green up pointing triangle is pulling out of a United Nations-sponsored climate initiative, a remarkable U-turn for a company that was once a …

wsj.com

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Climate Group Suspends Activities Days After BlackRock Quits

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1 day ago · BlackRock, which manages some $11.5 trillion in assets, left the Net Zero Asset Managers initiative on Jan. 9 citing confusion over its climate efforts and legal inquiries from …

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BlackRock Exits UN-Backed Net-Zero Climate Pact

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5 days ago · BlackRock, the world’s largest asset manager overseeing approximately $11.5 trillion in assets, has decided to withdraw from a climate pact backed by the United Nations that …

theepochtimes.com

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BlackRock Exits UN-Backed Net-Zero Climate Pact - Zerohedge

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4 days ago · BlackRock, the world’s largest asset manager overseeing approximately $11.5 trillion in assets, has decided to withdraw from a climate pact backed by the United Nations (UN) that …

zerohedge.com

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BlackRock Exits UN-Backed Net-Zero Climate Pact

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4 days ago · Authored by Tom Ozimek via The Epoch Times (emphasis ours),. BlackRock, the world’s largest asset manager overseeing approximately $11.5 trillion in assets, has decided …

infiniteunknown.net

FAQs about BlackRock Exits UN-Backed Net-Zero Climate Pact – Discern TV Coupon?

Why did Blackrock leave net zero?

BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the latest Wall Street firm to depart an environmentally focused investor group under pressure from Republican politicians. ...

Is Blackrock leaving a climate-focused investing group?

Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any individual decisions signatories take,” said a spokesperson for the Net Zero Asset Managers initiative in an emailed statement to The Hill. ...

Will Blackrock exit 'Net Zero' coalition?

BlackRock — which for years has courted controversy with its focus on so-called ESG, or Environmental Social Governance investing — is considering an exit of the so-called “Net Zero" coalition of top corporations who pledge to reach zero-carbon emissions by 2050, The Post has learned. ...

Why did Blackrock leave Nzam?

BlackRock, the world’s biggest asset manager, is the latest Wall Street giant to ditch a global group of investment firms founded in 2020 to pressure companies to cut carbon emissions. On Friday, it announced it had left the Net Zero Asset Managers (NZAM) initiative. Ask your climate questions. ...

Why did Blackrock exit?

BlackRock’s exit is particularly notable because of its prominence and its leading rhetoric on climate change. CEO Larry Fink declared in 2020 that climate change “has become a defining factor in companies’ long-term prospects.” ...

Did Blackrock back out of a voluntary Climate Initiative?

BlackRock, the world’s biggest asset manager, is the latest financial firm to back out of a voluntary climate initiative it joined just a few years ago. The Stratos Direct Air Capture facility (DAC), a joint venture between Occidental Petroleum Corp. and asset manager BlackRock, is seen in Ector County, Texas. (Adrees Latif/Reuters) ...