BlackRock, JPMorgan and State Street Retreat From a Climate Group

BlackRock, JPMorgan and State Street Retreat From a Climate Group

BlackRock, JPMorgan Chase and State Street are quitting or scaling back their ties to an influential global investment coalition.
On Wall St., ‘Socially Responsible’ Is Common Sense. In Congress, It’s Political.

On Wall St., ‘Socially Responsible’ Is Common Sense. In Congress, It’s Political.

Lawmakers are trying to restrict these investment choices in workplace retirement plans, but big fund managers are trying to give shareholders a voice.