BlackRock withdraws from the Net Zero Asset Managers initiative

Other · BlackRock, Inc. · January 9, 2025

BlackRock formally withdrew from NZAM following a routine review. The announcement is direct evidence of retreat from this initiative, not proof that all climate or ESG practices ended.

Our memberships in some of these organizations have caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials.

BlackRock formally withdrew from NZAM following a routine review. The announcement is direct evidence of retreat from this initiative, not proof that all climate or ESG practices ended.

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