AMWatch

Blackrock joins USD 41tn investor climate campaign

The world's largest asset manager now adds its hefty influence of USD 7tn in AuM to the Climate Action 100+ investor group, putting even more pressure on a big greenhouse gas emitters and fossil fuel companies and adding serious investment capital to climate change mitigation projects.

Photo: Andrew Burton/AFP / GETTY IMAGES NORTH AMERICA

Blackrock Inc. added its almost USD 7tn heft to a group of investors that’s pressing the world’s biggest emitters of greenhouse gases to change their ways.

The addition of the world’s largest fund manager is a significant milestone for Climate Action 100+, bringing total assets under management by its members to more than USD 41tn . The group already has some notable victories in its campaign of engagement with corporate giants that account for more than two-thirds of global industrial emissions.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

New paper slams model portfolio boom for conflict of interest

So-called model portfolios -- off-the-shelf investment strategies often comprising bundles of ETFs -- are ridden with conflicts of interest, according a trio of academics, including Associate Professor from the Norwegian School of Economics Nataliya Gerasimova.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch