Conservatives notch another win after BlackRock kills 'Net Zero' membership, climate commitment
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 by 2050.
The firm last week wrote in a letter to clients that the membership had "caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials," according to reports.
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