FILE PHOTO: The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid
It also made explicit its call for companies to lay out plans to reach net-zero emissions by 2050, in line with the recommendations of the Task Force on Climate-related Financial Disclosures. The changes come at a time of rising pressure on companies to help address environmental and social problems. New York-based BlackRock said performing well on such sustainability measures can help companies improve long-term returns.
The adults are back.
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