Industry News: ESG

BlackRock's Larry Fink Must Think Again Over Tackling Climate Crisis

Written by ESG | 9-Dec-2019 3:29:50 PM

2019-12-02

The Guardian: Here’s a good question for Larry Fink, the BlackRock billionaire, to address when he dispatches his lofty annual “dear CEO” letter in the new year. Is his firm guilty of “greenwashing”? In other words, is the world’s biggest fund manager, with an astonishing $7tn of assets under its roof, posing as a pioneer of climate activism while actually dragging its feet?

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