Major shareholder Blackrock defends Shell following court battle on climate
Court battles involving individual companies such as Shell will not pave the way for sustainable production in time, says multinational asset management firm Blackrock's CEO, Larry Fink. He advises governments to set up a framework that eases the energy transition.
by JENS THOMSEN
Oil company Shell is now receiving support from its largest shareholder, multinational capital management corporation Blackrock, following a ruling on May 26 by a Dutch court that ordered Shell to lower its carbon emissions by 45 percent by the end of 2030.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Exxon activist expands boardroom presence with third seat
For subscribers
