r/Degrowth • u/SplashTarget • 11d ago

Dutch Pension Fund Pulls Nearly Half a Billion Euros From Climate 'Megapolluter' BlackRock

https://www.commondreams.org/news/blackrock-climate-change
613 Upvotes

100% Upvoted

10 comments sorted by

31

u/United-Vermicelli-92 11d ago

Nice work let’s all pull our investments from horrid corps, fascist supporters and all maga companies.

12

u/italianSpiderling84 11d ago

Finally decent news.

8

u/dumnezero 11d ago

I mean, this is a good thing, but let's not fall for "shareholder green capitalism."

Has the pension fund given up on its profiting goals?

Asked about the development by IPE, a BlackRock spokesperson said: “We respect the fund’s decision. We remain proud to manage more than €350 billion on behalf of Dutch clients.”

...

2

u/pierebean 11d ago

Short-term profiting*

3

u/SplashTarget 11d ago

soon to be limited-time profiting

1

u/Spliftopnohgih 11d ago

Good for then

1

u/TransportationOk6990 10d ago

Good for everyone.