BlackRock defends work with climate groups amid Republican attacks

Reuters · last updated September 7, 2022 – 1:05 PM

BOSTON, Sept 7 (Reuters) — A BlackRock Inc (BLK.N)executive said the top asset manager’s work with investment industry groups doesn’t prevent it from making independent decisions for clients, looking to counter a growing line of attack from Republican U.S. politicians.

Dalia Blass, BlackRock senior managing director, in a letter sent late Tuesday wrote that “we do not coordinate our votes or investment decisions with external groups or organizations.”

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