Tennessee and BlackRock settle ESG dispute; BlackRock agrees to increased proxy voting disclosures and third-party audits.
By Niket Nishant and Ross Kerber17 Jan 2025ReutersBlackRock exits Net-Zero Asset Managers initiative amid U.S. political backlash, prompting coalition to suspend activities.
By Simon Jessop and Ross Kerber13 Jan 2025ReutersBlackRock exits Net Zero Asset Managers initiative, citing legal scrutiny and confusion over its climate policies.
By Ross Kerber9 Jan 2025ReutersThe House Judiciary Committee is probing 60 asset managers over ties to the Net Zero Asset Managers initiative, alleging antitrust violations.
By Ross Kerber23 Dec 2024ReutersU.S. asset managers avoided climate initiatives fearing regulatory scrutiny, as GOP alleges a "climate cartel" collusion scheme.
By Isla Binnie and Ross Kerber13 Dec 2024ReutersFor the first time, global climate funds face net withdrawals, with $24B pulled in 2024 amid poor returns, greenwashing, and anti-ESG sentiment.
By Ross Kerber21 Nov 2024ReutersBanks are increasingly under pressure from investors to show how they are helping clients in the transition to clean energy.
By Simon Jessop, Virginia Furness and Ross Kerber14 Nov 2024ReutersU.S. firms have increased ESG reporting, with 85 per cent now disclosing emissions and 82.6 per cent sharing workforce data.
By Ross Kerber31 Oct 2024ReutersIf approved, the plan would bar future investments in pipelines and LNG terminals in the funds' private equity portfolios.
By Ross Kerber22 Oct 2024ReutersNew York's State Insurance Fund reduced its carbon exposure by 40% by shifting coal assets into a responsible-investment ETF.
By Ross Kerber and Isla Binnie26 Sep 2024ReutersPlease login to like, dislike or bookmark this article.