BlackRock Inc., known for pushing woke activism in investing, has lost $1.7 trillion of its clients’ money in the last sixth months, Bloomberg reported Wednesday. The massive sum is the largest amount of money lost by an […]
(Bloomberg) — As criticism of the efficacy of ESG investing mounts over its acute susceptibility to greenwashing, one category has remained largely immune to calls for stricter regulation: clean-energy funds While the sector tied to wind and solar is […]
BlackRock has broadened its suite of socially responsible global sector ETFs in Europe with the addition of four new funds. Listed in US dollars on Euronext Amsterdam and SIX Swiss Exchange, the new ETFs target stocks from the materials, […]
Efforts by brave states like Texas and West Virginia in fighting back against companies like BlackRock who demand divestment from any activity involving the extraction of fossil fuels is having an effect. The divestors are beginning to squeal […]
BlackRock Inc. told Texas it’s committed to helping clients invest in the energy industry, rebutting suggestions by state officials that the firm boycotts fossil-fuel companies through its advocacy for sustainable investing. The world’s largest asset […]
BP, ConocoPhillips get more investor support over climate Upcoming AGMs from ExxonMobil, Shell, Chevron in focus Some investors more supportive of company climate plans BOSTON/LONDON, May 13 (Reuters) – Big Oil has enjoyed an easier […]
BlackRock is the world’s largest asset manager, with over $10T in AUM. Shares have sold off more than 20% and are starting to get closer to fair value. BlackRock’s CEO, Larry Fink, is one of […]
BlackRock Inc., the world’s largest money manager, told clients that financial markets are just starting to price in the effects of climate change, which creates significant investment opportunities in industries including oil and gas. Transitioning […]
A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday as shareholders elected at least two of the fund’s nominated directors to the oil giant’s board after a months-long battle over the company’s […]
HOUSTON/BOSTON: Exxon Mobil said on Monday it would add two more board members, including one with climate experience, just days before a shareholder vote on whether to back new directors supported by activist investors unhappy with its […]
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