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The toughest antitrust enforcement climate in decades is contributing to decisions by three financial giants to pull out of the Climate Action 100+ initiative. BlackRock, JPMorgan Asset Management an State Street Global Advisors last week bid adieu to the 700-member decarbonization initiative at a pivotal time—as it moves from encouraging companies to disclose net zero plans to pressuring them to cut greenhouse gas emissions.
February 20, 2024, 4:43 PM