Fossil fuel holdings cost BlackRock investors $90bnBY KARREN VERGARA | WEDNESDAY, 7 AUG 2019 12:17PM
BlackRock has lost more than US$90 billion ($133bn) by investing in fossil fuel-dependent companies over the last decade, a new report criticising the world's largest fund manager about its failure to manage climate risk shows.
Read more: BlackRock, IEEFA, ESG, Chevron, ExxonMobil, Financial Analysis, General Electric, Larry Fink, Peabody Energy
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