Investor climate group re-launches with more than 250 members
ReutersFeb 25, 2026 10:30 AM
LONDON, Feb 25 (Reuters) - The Net Zero Asset Managers initiative re-launched on Wednesday with more than 250 members backing a new, weaker Commitment Statement after the exit of BlackRock BLK.N and amid a U.S. political backlash that triggered a year-long suspension of the climate group.
The group's new membership statement, created following a six-month review, no longer has an explicit requirement for members to align their investment portfolios with net-zero by 2050.
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