A $7 trillion climate change warning to the stock market from its biggest shareholder

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A $7 trillion warning from stock market's biggest shareholder about climate change

, issued an update to its approach to engaging with corporations, indicating it will be more inclined to vote in favor of shareholder resolutions, and against boards of directors at companies.published Wednesday night — may seem to be the mundane one among recent climate actions in the market, impact investing experts say that ahead of the 2021 annual shareholder meeting season, the $7 trillion fund manager's plans represent an important change.

While it is not part of the new net zero investor coalition, with $7 trillion in assets on its own, BlackRock's decisions influence other investors and corporations.

 

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7 Trillion in hot air!

They haven't destroyed everyone's lives w they virus hoax... Let's add this one.

good

We’re a virus killing our host?

Blackrock is the 4th arm of the government. The elites wouldn’t have selected them for the various SPV’s created by the Fed if they didn’t push their agenda. This is all passive money, right? It’s not HIS investment, why is he acting as an activist? 🤔

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