BlackRock’s own reporting undermines its climate claims 

Axa, Allianz and Legal & General have all cut their investments’ emissions, unlike BlackRock

BlackRock New York office
Jerry Goldberg

BlackRock’s chief executive Larry Fink said at the COP26 climate summit that the world’s largest asset manager was doing more to tackle climate change than any other financial firm. But its own reporting tells a different story.

“I don’t believe there’s any other firm doing as much as we are doing in finance,” Fink said on a panel at the Green Horizon Summit at COP26 this week. “I think we’re doing our part as well as anybody, if not better than anybody.”

Risk.net has compared BlackRock’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: