Tag: climate
-
BlackRock leaves net-zero alliance, NZAM suspends operations
BlackRock—the world’s largest asset manager—announced Jan. 9 that it is leaving the Net-Zero Asset Managers Initiative (NZAM), a United Nations-affiliated group promoting emission reductions. NZAM announced Jan. 13 that it is suspending operations and removing the commitment statement and list of signatories from its website. The group said in a statement it will reevaluate its…
-
Companies prepare for global climate reporting standards
The SEC has paused enforcement of its rule requiring corporate climate disclosures, but companies are still preparing to comply with ESG standards, especially from the European Union. Some companies are already starting to report ESG data in response to uncertainty over when regulations will become enforceable, according to a recent Fortune piece. Ballotpedia tracks support…
-
Federal judges block greenhouse gas emissions rule
Two federal judges in Texas and Kentucky ruled against the Federal Highway Administration’s (FHWA) greenhouse gas emissions rule, which would require states to set goals to reduce vehicle emissions. Judge James Wesley Hendrix of the United States District Court for the Northern District of Texas ruled on March 27, 2024, that the FHWA did not…