💨 Abstract
BlackRock, the world's largest asset manager, has left the Net Zero Asset Managers Initiative due to pressure from Republican politicians causing confusion and legal inquiries. The firm, which manages $11.5 trillion and has two-thirds of its global clients committed to net-zero emissions, stated its departure does not change its approach to climate-related risks or portfolio management. NZAMI, with over $57.5
Courtesy: theprint.in
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