BlackRock privately soothes oil industry fears over its new green credentials

Asset manager 'trying to have their cake and eat it', says Greenpeace, as freedom of information requests reveal pressure on major banksEmails have revealed the high-wire act performed by major banks and the world's biggest asset manager, BlackRock, as they privately soothe oil industry concerns about their public support for greener investment.In his annual letter to chief executives, BlackRock boss Larry Fink said that pursuing climate action policies was not about being "woke" but was about pursuing profits on behalf of clients. Continue reading...