Credit: yarm_sasha / Adobe Stock Financial Giants Exit Climate Initiative, Fearing Collusion Allegations
BlackRock, JPMorgan Asset Management an State Street Global Advisors are withdrawing from Climate Action 100+ as it moves from encouraging companies to disclose net zero plans to pressuring them to cut emissions.
February 20, 2024 at 05:43 PM
3 minute read
The toughest antitrust enforcement climate in decades is contributing to decisions by three financial giants to pull out of the Climate Action 100+ initiative.
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