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JPMorgan Asset Management and State Street Global Advisors are leaving the United Nations climate alliance group 'Climate Action 100+' due to their concerns about legal issues and conflicts with their own investing policies.

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JPMorgan, State Street leave major investor climate group

The investment divisions of JPMorgan Chase and State Street are leaving a climate-friendly investment initiative, sparking cheers from Republicans. A spokesperson for the group, Climate Action 100+, confirmed via email that “JP Morgan Asset Management and State Street Global Advisors have left the initiative.”

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16 other sources covering this story

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16

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Center

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Leaning Right

7

Last Updated

3 months ago

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