ESG Funds Hold BP Stakes Despite Company's Pivot on Oil and Gas Pledge

An FT analysis reveals that approximately 60 actively managed ESG funds, including those from BlackRock, L&G, and UBS, have retained their stakes in BP even after the company backtracked on its oil and gas pledge.

12 Mar, 05:00 — 12 Mar, 05:00

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FTVery High51d ago

BlackRock, L&G and UBS among 60 ESG funds holding BP despite pivot

FT analysis finds actively managed funds retained stakes even after the company backtracked on its oil and gas pledge

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ESG Funds Hold BP Stakes Despite Company's Pivot on Oil and Gas Pledge

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BlackRock, L&G and UBS among 60 ESG funds holding BP despite pivot

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