BlackRock to advise EU on environmental rules for banks
by Jasper Jolly from Environment | The Guardian on (#521YX)
Campaigners raise concerns over investor's financial interests in fossil fuel companies
BlackRock, one of the world's largest investors in banks and fossil fuel companies, has been hired by the EU to work on potential new environmental rules for banks.
Campaigners raised concerns about potential conflicts of interest, given BlackRock's widespread financial interests in sectors that could be directly impacted by new environmental rules.
Continue reading...