Reclaim Finance and Beyond Fossil Fuels claim major banks and investors have provided more than $500bn to European gas sector since 2019
In his annual letter, CEO Larry Fink stressed the importance of oil and gas in meeting global energy demands, as he promised to offer clients the choice of investing in clean energy
Two new reports have again warned how companies that are nominally committed to net zero goals are continuing to funnel billions of dollars into fossil fuel projects and failing to back climate-related shareholder resolutions
Global investment needs to rapidly shift away from fossil fuels to green energy throughout the 2020s, but bets against that happening look increasingly risky
Fresh criticism of a contentious sustainable finance report published by BlackRock for the European Commission adds to the long-running debate over how best to deliver a greener future for the finance sector
Environmental NGOs urge investment giant to expand its coal exclusion policy to include bigger portion of coal value chain, noting that current ban applies to just 17 per cent of coal companies