Tag: Federal oversight
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Net Zero Asset Managers relaunches with fewer U.S. firms
On Feb. 25, the Net Zero Asset Managers (NZAM) initiative announced its relaunch with 253 signatories after suspending operations for a year. The relaunched coalition includes a revised membership commitment that no longer contains explicit references to aligning portfolios with a goal of reaching net zero emissions by 2050. The new pledge instead allows firms…