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BlackRock threatens to sell shares in worst climate polluters

Wednesday 27 Jan 21 10:00am

Greenpeace demonstrators protest in front of a BlackRock office in Frankfurt, Germany in February 2020.
 
BLACKROCK, the world’s biggest investment fund manager, has threatened to sell shares in the worst corporate polluters in a bid to support the goal of net-zero carbon dioxide emissions by 2050.


In November, the company filled notice with the NZX that it had increased its shareholding in New Zealand energy generator Meridian to more than 5 per cent.

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