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BlackRock, Fidelity, other fund houses won’t meet climate targets, report says

‘Anti-woke’ trend might be having an impact on some asset managers

BlackRock boss Larry Fink has talked a big game on ESG, but is he walking the walk?
BlackRock boss Larry Fink has talked a big game on ESG, but is he walking the walk? Photo: Stefan Wermuth/Getty Images

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The world’s largest asset managers remain far off track to meet their commitments to claim net-zero carbon emissions by 2050, according to a global study released by independent think-tank FinanceMap on 1 August.

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