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Giant global asset managers are still dumping tens of billions of dollars into new coal projects and hundreds of billions of dollars into major oil and gas companies. That’s according to a report out Wednesday from Reclaim Finance, an organization disclosing financial sector investments in fossil fuels. The report, titled “The Asset Managers Fueling Climate . ....
BlackRock has issued a statement about what its investment portfolio will look like in 2030 pertaining to Environmental, Social and Governance (ESG) policies. ....
Of the 25 asset managers studied that were members of the Net Zero Asset Manager Initiative, not a single one required companies in their portfolios to stop developing new projects with coal, gas, and oil. ....