The world's largest asset managers talk a good game about getting tough on climate, but are they putting their money where their mouths are? We asked our researchers to dig into their holdings. The result: Vanguard, BlackRock and State Street are knee-deep in dirty investments. We asked Graham Roumieu to illustrate the findings for Knight Bites.
Oil and gas guzzlers: Fossil fuel companies with less than 20% of their near-term investment in the energy transition
Climate-policy blockers: Companies lobbying against climate policy
Coal mongers: Companies that engage in the production of coal or coal-based energy (>20% of power production and >10% revenue)
Nature wreckers: Companies that have caused severe environmental damage, identified by the Norwegian sovereign fund (NBIM)
Forest razers: Worst-in-class companies engaging in deforestation in South America and Southeast Asia or that cause the most harm in the palm oil industry
Dirty cement-makers: Environmental laggards in the cement industry
Related reading: Heroes and zeros: Vanguard's John Bogle and Postmedia's Paul Godfrey
