Business
BlackRock Punishes 53 Companies Over Carbon Emissions, 191 On Watchlist – Green Queen Media
BlackRock, the world’s largest asset manager, has just revealed that it has punished 53 companies in its portfolio over climate inaction. The move is a part of the firm’s ramping up of its climate engagement with businesses after it joined the Climat
2Mins ReadBlackRock, the worlds largest asset manager, has just revealed that it has punished 53 companies in its portfolio over climate inaction. The move is a part of the firms ramping up of its climate engagement with businesses after it joined the Climate Action 100+ pact earlier this year. Among the companies that BlackRock has taken action against are Chevron, ExxonMobil and Volvo.
In a new report released on July 14, the global asset manager outlined how it is changing its investment st…
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