UPDATED: BlackRock finds axing fossil fuels may boost performance in study for US pension funds
New York City divestment feasibility studies published as City Comptroller announces $6bn investment into climate solutions
Note: Since publication, BlackRock has contacted RI to clarify that it makes "no claim about future performance in our research. Our work was purely a backward-looking study."
Investment behemoth BlackRock has concluded that, based on backward-looking analysis, divesting fossil fu…
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