Climate group Net Zero Asset Managers suspends activities days after BlackRock quits
A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its activities on Monday, days after BlackRock, the world’s biggest investor, left amid a political backlash in the US. BlackRock, which manages some $11.5 trillion in assets, left the Net Zero Asset Managers (NZAM) initiative on Jan. … Read more