BlackRock joins $41 trillion investor climate campaign

by Laura Hurst, Annie Massa, and Emily Chasan, Bloomberg

BlackRock Inc. added its almost $7 trillion heft to a group of investors that’s pressing the world’s biggest emitters of greenhouse gases to change their ways.

The addition of the world’s largest fund manager is a significant milestone for Climate Action 100+, bringing total assets under management by its members to more than $41 trillion. The group already has some notable victories in its campaign of engagement with corporate giants that account for more than two-thirds of global industrial emissions.

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