Major Asset Manager BlackRock Becomes Latest Financial Firm to End Membership in Global Net-Zero Alliance
January 09, 2025
January 09, 2025
WASHINGTON, Jan. 9 [Category: Environment] -- The Sierra Club issued the following news release:
NEW YORK Major asset manager BlackRock today announced it is leaving the Net Zero Asset Managers (NZAM) initiative, writing in a letter to its clients that membership "caused confusion regarding BlackRock's practices and subjected us to legal inquiries from various public officials," according to a copy of the letter obtained by the Financial Times.
BlackRock . . .
NEW YORK Major asset manager BlackRock today announced it is leaving the Net Zero Asset Managers (NZAM) initiative, writing in a letter to its clients that membership "caused confusion regarding BlackRock's practices and subjected us to legal inquiries from various public officials," according to a copy of the letter obtained by the Financial Times.
BlackRock . . .