EU reprimanded for appointing major fossil fuel investor as green finance advisor

📆 11/25/2020 8:55 PM
📰 The Independent

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$7.4 trillion fund manager BlackRock was appointed to advise on environmental, social and governance (ESG) rules for European banks in which it owns large stakes

was awarded a €280,000 contract in March to assess how to integrate environmental, social and governance principles into EU banking rules.

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