BlackRock to Hold Companies and Itself to Higher Standards on Climate Risk

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BlackRock, the world’s largest money manager, will exit investments in companies that generate more than 25% of their revenues from thermal coal production

BlackRock Inc. said it would take a tougher stance against corporations that aren’t providing a full accounting of environmental risks, part of a slew of moves by the investment giant to show it is doing more to address investment challenges posed by climate change.

Among the moves, BlackRock said it would be increasingly disposed to vote against management and boards if companies don’t disclose climate change risks and plans in line with key industry standards.

 

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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

Buy $innt, they have merger coming with billion dollars pipelines

Money moves

A sign of the times. Renewable energy is the future.

There are many sweet $trillions to be had. Little oversight, and no accountability. The pigs will feed.

great opportunity for smart people

Short Blackrock

Hypocrites. How much pollution does Fink and the rest of the employees at Blackrock emit in a year🤔. I bet it’s a big amount.

Some good news for a change :)

With that Face I’d rather be poor but happy.

He DID NOT say this liars! He is suggesting it and in phases!

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