Claim True
BlackRock will exit thermal coal producers, removing from active discre...
Larry Fink: BlackRock will exit thermal coal producers, removing from active discretionary portfolios... Published Jan 14, 2020. Status: True. According to Bla...
BlackRock will exit thermal coal producers, removing from active discretionary portfolios by mid-2020 fossil fuel companies that generate more than 25% of their revenues from thermal coal, and ceasing direct investment in such companies within the alternatives business.
FactTracker assessment
According to BlackRock's statement, they have exited positions in companies that derived more than 25% of the...
Verification rule: Observed value > 25 %; window 2020-01-14 to 2020-06-30
Original source: blackrock.com