Blackrock joins USD 41tn investor climate campaign

The world's largest asset manager now adds its hefty influence of USD 7tn in AuM to the Climate Action 100+ investor group, putting even more pressure on a big greenhouse gas emitters and fossil fuel companies and adding serious investment capital to climate change mitigation projects.
Photo: Andrew Burton/AFP / GETTY IMAGES NORTH AMERICA
Photo: Andrew Burton/AFP / GETTY IMAGES NORTH AMERICA
BY LAURA HURST, ANNIE MASSA & EMILY CHASAN, BLOOMBERG NEWS

Blackrock Inc. added its almost USD 7tn heft to a group of investors that’s pressing the world’s biggest emitters of greenhouse gases to change their ways.

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