Focus on BlackRock
US House committee targets another investor climate group
The House Judiciary Committee is probing 60 asset managers over ties to the Net Zero Asset Managers initiative, alleging antitrust violations.
Wells Fargo departs climate banking group in another high-profile exit after Goldman
The bank ended its membership in the Net-Zero Banking Alliance, two weeks after another notable exit by Goldman Sachs.
ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) announced that the Federal Energy Regulatory Commission (FERC) approved the company’s proposed transaction with Canada Pension Plan...
US House panel finds BlackRock, other asset managers leery of joining climate initiative
U.S. asset managers avoided climate initiatives fearing regulatory scrutiny, as GOP alleges a "climate cartel" collusion scheme.
Earthquakes and blowouts undermine case for carbon storage in Texas
Carbon sequestration is vital to U.S. government goals to reduce emissions that cause global warming.
BlackRock, Vanguard, State Street sued by Republican states over climate push
Wednesday's complaint filed in the federal court in Tyler, Texas, is among the highest profile lawsuits targeting efforts to promote ESG.
Finance and business deals announced at COP29 climate talks
The latest global climate talks in Baku drew 60,000 delegates, including many from business and finance — here are a few key deals made.
Eversource Energy Completes Exit of Offshore Wind Business
BOSTON & HARTFORD, Conn.--(BUSINESS WIRE)--Eversource Energy (NYSE: ES) today announced that it has completed the sale of its 50 percent interest in the...
Timeline: BHP Group’s failed pursuit of rival Anglo American
Timeline: Miner BHP Group walked away from its $49 billion plan to take over rival Anglo American after its last-ditch request for more...
