Green credentials of world’s largest investor questioned over oil industry emails - I Newz360

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Wednesday, March 9, 2022

Green credentials of world’s largest investor questioned over oil industry emails

BlackRock ‘trying to have their cake and eat it’, says Greenpeace, as freedom of information requests reveal pressure on major banks

Emails have revealed the high-wire act performed by major banks and the world’s biggest asset manager, BlackRock, as they privately soothe oil industry concerns about their public support for greener investment.

In his annual letter to chief executives, BlackRock boss Larry Fink said that pursuing climate action policies was not about being “woke” but was about pursuing profits on behalf of clients.

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from The Guardian https://ift.tt/0d5thPk

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