JPMorgan and State Street announced leaving the Climate Action 100+ group controlling $68 trillion in assets. BlackRock also pulling some investment, totaling around $14 trillion lost by the climate group. Climate Action 100+ pushes companies to take action on climate change through shareholder engagement. State Street cited Climate Action's enhanced requirements as inconsistent with its engagement approach, and JPMorgan said it no longer needs to rely on Climate Action as its stewardship capabilities evolved.