BlackRock's Fink targets net-zero

BlackRock CEO Larry Fink has made the transition to a low-carbon economy the key theme of his annual letter, announcing a range of actions, including a demand for investee companies to adopt net-zero business plans.

'Legislate against' deforestation financed by Vanguard, BlackRock

Sanctions should be introduced for financial institutions like Vanguard, State Street and BlackRock, which collectively provide $2.7 trillion in financing to companies driving tropical deforestation and have no policy to curb the practice, according to a report by Global Canopy.