Nuns take on BlackRock over climate emergency

Sisters of Mercy of the Americas singles out fund over its investments

An investment fund representing 9,000 nuns hascriticised the multitrillion-dollar investment group BlackRock for failing to combat the climate crisis.

The Sisters of Mercy of the Americas called on the world's largest asset manager, which has $7tn (5.25tn) of assets, to use its clout to coax companies into moving faster to reduce emissions.