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BlackRock adds voice to investor concerns about coal and gas risk to Great Barrier Reef

2014-03-31 13:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Investors worried about the impacts of coal and natural gas projects on Australias Great Barrier Reef could consider divesting from the companies involved, a senior BlackRock employee has said. Speaking to Bloomberg News, Pru Bennett, the regional director of corporate governance and responsible investment at the leading asset management firm, became the latest commentator to express concern over projects planned near the reef. Plans are in place for about $65 billion of liquefied natural...

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