HomeBusiness NewsBlackrock rejects call for Australia's CBA to stop fossil fuel funding

Blackrock rejects call for Australia’s CBA to stop fossil fuel funding

October 14, 2021

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By Paulina Duran

SYDNEY (Reuters) – BlackRock Inc, the world’s largest money manager, voted against a resolution calling for Commonwealth Bank of Australia (CBA) to stop financing new fossil fuel projects, it said late on Wednesday.

CBA’s largest shareholder…

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