Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Fossil fuel holdings cost BlackRock investors $90bn

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.

LoginGo Premium

Read more: BlackRockIEEFAESGChevronExxonMobilFinancial AnalysisGeneral ElectricLarry FinkPeabody Energy