BlackRock pledges partial coal divestment and climate ‘scrutiny’ of investment risks

摘要

BlackRock CEO Larry Fink, in his annual open letter to clients, has said the world’s largest fund manager will divest from some coal companies and place “sustainability at the center” of its investment approach. Environmental campaigners, who have previously been major critics of BlackRock, praised BlackRock’s acknowledgement of climate risk while noting it continues to be the world’s largest investor in fossil fuels – and that this will not change under the new policy.