SA’s largest asset manager Ninety One is sticking with the Net Zero Asset Managers (NZAM) initiative — a global climate alliance meant to support the goal of net zero greenhouse gas emissions by 2050 — despite a recent major defection by the world’s largest money manager, BlackRock.

The US asset management behemoth BlackRock this week ditched the initiative, casting doubt on its future, (https://www.businesslive.co.za/bd/companies/financial-services/2025-01-09-blackrock-to-leave-major-climate-group-in-latest-wall-street-exodus/) and the influential industry’s commitment to push investee companies to cut emissions...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.