Activists respond to BlackRock's climate change investment strategy: 'There are questions left unanswered'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

'There are questions left unanswered': Activists respond to BlackRock's climate change strategy

. BlackRock will likely continue to hold those stocks because a lot of BlackRock's assets are invested in passive index funds, which reflect the market indexes the funds track.

Despite its record, BlackRock recently announced it would join Climate Action 100+, a global alliance of over 370 investors focused on cutting global carbon emissions. "BlackRock's new initiatives match the size of the crisis we're seeing in 2020 and are the direct result of an outpouring of pressure from the global climate movement," said Diana Best, senior strategist for the Sunrise Project, a climate change group.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

In Larry Fink's annual letter, blackrock announced it will focus on ESG as a core goal. ESG is increasingly becoming a bigger concern for shareholders. Visit to learn how equilarinc can help you implement ESG into compensation packages. CorpGov

Boycott CNBC they keep selling lies, they know this market can't go up forever, but they pretend it will. At your expense!

Climate change is a tax! Not a threat and yet the public believes it None of these people or anonymous scientists will tell you the truth. Why else would they even let these 2 even speak? Where's the experts? Really

Appeasement doesn't work with extremists.

Ultimately, climate change success has to be proven by dropping temperatures. Will BlackRock even be around then? NonStarter

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlackRock CEO says the climate crisis is about to trigger ‘a fundamental reshaping of finance’The head of the world’s largest money manager believes the intensifying climate crisis will bring about a fundamental reshaping of finance, with a significant reallocation of capital set to take place “sooner than most anticipate.” Nut job it is arranged crisis,,i sure if will investigate this(global warming) many fake Nature defender will goes in Jail,.,,for crime actions against Humanity,, No one is changing anything at a personal level, so nothing will ever change.
Source: NBCNews - 🏆 10. / 86 Read more »