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BlackRock takes heat from New York on climate stance


New York City public pension fund chief lobbies black rock to renew its commitment to achieving net zero emissions in its investment portfolio.

In a letter Wednesday to the chief executive of BlackRock Larry FinckNew York City Comptroller Brad Lander said the asset manager’s voting record in the 2022 proxy season and recent public statements have him concerned that BlackRock is backtracking on its climate commitments.

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