We admit it, we were taken in by fake news.
We were not the only media outlet to report Larry Fink’s letter today, in which he seemingly referred to non-Paris compliant companies as sin stocks. We have removed the stories from our website and the links to them will not work.We regret this and apologise for any confusion.
The letter appeared to come from a genuine BlackRock email address and appeared to link to a genuine BlackRock web address, so it appeared to be trustworthy information.
But it seems to be the work of an activist group. It was perhaps too much in the spirit of wishful thinking that we jumped on the report.