IEEFA Report: BlackRock's Fossil Fuel Investments Wipe US$90 Billion in Massive Investor Value Destruction
August 01, 2019
August 01, 2019
CLEVELAND, Ohio, Aug. 1 -- The Institute for Energy Economics and Financial Analysis issued the following news release:
BlackRock, the world's largest fund manager with US$6.5 trillion of assets under management - bigger in value than the third largest economy in the world - continues to ignore the serious financial risks of putting money into fossil fuel-dependent companies, a new report has found.
Produced by the Institute for Energy Economics and Financial Analysis ( . . .
BlackRock, the world's largest fund manager with US$6.5 trillion of assets under management - bigger in value than the third largest economy in the world - continues to ignore the serious financial risks of putting money into fossil fuel-dependent companies, a new report has found.
Produced by the Institute for Energy Economics and Financial Analysis ( . . .