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They have launched a $2bn fund to provide access to greater pools of capital for businesses and ramp up investments in solar power, wind generation, battery storage and hydrogen
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It has said the reason is due to “confusion about the views of individual investment firms”
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In his annual letter to CEOs, Larry Fink said the global asset manager would ask companies to disclose how their business model aims to be compatible with net zero
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The investment will support Arrival’s growth plans as it ramps up vehicle production as well as its ‘Microfactory’ that allows it to build small production facilities close to its customers at low cost
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The firm says its new iShares offerings are aimed at investors looking to manage long-term risks relating to environmental, social and governance factors
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The world’s largest asset manager will step away from the polluting fossil fuel resource, which is seen to be among the ‘dirtiest’ forms of energy on the planet
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It has signed a contract with global aluminium firm Alcoa for the commercial services for power generation from the 197MW Guleslettene wind installation
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