Focus on BlackRock
Wisconsin Regulators Approve Proposed ALLETE Transaction With Canada Pension Plan Investment Board and Global Infrastructure Partners
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) announced that the Public Service Commission of Wisconsin (PSCW) today approved the company’s proposed transaction with Canada...
BlackRock resumes stewardship talks after reviewing new ESG guidance
By Ross Kerber (Reuters) -BlackRock, the world’s largest asset manager, said on Thursday it had resumed meeting with the leaders of its portfolio...
EV maker VinFast’s losses heap pressure on parent Vingroup as foreign investors sell
By Francesco Guarascio and Phuong Nguyen HANOI (Reuters) – Vietnamese conglomerate Vingroup is facing renewed scrutiny on its strategy of backing loss-making electric...
Tennessee Attorney General settles ESG dispute with BlackRock
Tennessee and BlackRock settle ESG dispute; BlackRock agrees to increased proxy voting disclosures and third-party audits.
Hess Midstream LP Announces Signing of Accretive $100 Million Sponsor Unit Repurchase
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”), today announced the execution of a definitive agreement providing for the repurchase of approximately...
G20 financial stability watchdog urges broader adoption of climate transition plans
G20's FSB urges standardization of climate transition plans to assess banking risks, as global discrepancies persist.
Investor climate group Net-Zero Asset Managers suspends activities after BlackRock exit
BlackRock exits Net-Zero Asset Managers initiative amid U.S. political backlash, prompting coalition to suspend activities.
BlackRock quits climate group as Wall Street lowers environmental profile
BlackRock exits Net Zero Asset Managers initiative, citing legal scrutiny and confusion over its climate policies.
Analysis: Exodus by Wall Street banks from climate group worries advocates
U.S. banks exit climate coalition NZBA amid political pressure, raising concerns over their commitment to reducing fossil fuel financing.
Citigroup joins US lenders in exiting Net-Zero Banking Alliance
This move makes Citigroup the third major U.S. lender to exit the group after Wells Fargo and Goldman Sachs.
