EU watchdog slams Commission for appointing BlackRock as ESG finance advisor

Cecilia Keating
clock • 4 min read

European Ombudsman calls on EU to update its conflict of interest guidelines for procurement contracts following its decision to hire a business division of world's leading fossil fuel financier to develop ESG banking regulation study

The European Union's watchdog has ruled the European Commission failed to adequately consider conflicts of interest when it appointed BlackRock Investment Management, the world's second largest investor...

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Cecilia Keating
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Cecilia Keating

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