U.N. Secretary-General Antonio Guterres is disappointed that the world's biggest asset manager, BlackRock BLK.N, has left a global initiative to combat climate change, his spokesperson said on Friday,

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.

BlackRock Inc. is parting ways with one of the world’s biggest climate-investor groups after being targeted by Republican politicians for its efforts on global warming.

BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the latest Wall Street firm to depart an environmentally focused investor group under pressure from Republican politicians.

BlackRock is pulling out of a United Nations-sponsored climate initiative, a remarkable U-turn for a company that was once a poster child of the environmental, social and governance investing movement.

The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero Asset Managers initiative, following the recent withdrawals of Morgan Stanley,

BlackRock, the world's largest asset manager, has withdrawn from a major climate change initiative amid mounting pressure from Republican politicians and regulatory scrutiny

BlackRock withdraws from NZAMI, citing confusion and legal risks, raising questions about its ESG strategy and impact on climate commitments.

The nation’s largest investment manager is leaving the Net Zero Asset Managers initiative, joining a broader financial institution exodus from high-profile climate alliances.