UN chief upset Blackrock quit climate group, urges others to stay
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U.N. Secretary-General Antonio Guterres expressed disappointment over BlackRock's decision to leave a global climate change initiative, urging other companies to remain committed.
January 10, 2025 | 7:00 pm
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BlackRock, the world's largest asset manager, has exited a global climate change initiative, drawing disappointment from the UN Secretary-General.
BlackRock's exit from the climate initiative may negatively impact its reputation regarding corporate responsibility and environmental commitments, potentially affecting investor sentiment.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90