The investment giant, led by billionaire CEO Larry Fink, announced in a letter to clients on Thursday that it is leaving the United Nations-sponsored “Net Zero Asset Managers Initiative” as pressure ...

It did so as it and roughly 60 companies are being investigated by Congress for allegedly colluding as a “woke ESG cartel” to ...

BlackRock, which oversees more than $11 trillion, has been the subject of attacks from GOP lawmakers for embracing what ...

BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny.