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Home Energy Report Names Institutions Behind $4.3 Trillion in Climate-Wrecking Investments

Report Names Institutions Behind $4.3 Trillion in Climate-Wrecking Investments

July 9, 2024

Institutional investors including the Vanguard Group and BlackRock collectively own $4.3 trillion in the stocks and bonds of fossil fuel companies, according to a report released Tuesday by Urgewald, a nonprofit based in Germany. Urgewald and partner nonprofits tracked investments into nearly 3,000 companies in the coal, oil, and gas sectors for Investing in Climate…

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