“…BlackRock will remove companies that generate more than 25% of their revenues from coal production from its actively managed portfolios. But only about a quarter of BlackRock’s assets are actively managed, according to Reuters.”
Read “World’s Largest Asset Manager Puts Climate At The Center of Its Investment Strategy” by Laurel Wamsley from NPR.
The largest asset manager has begun to think about how climate change will shape the market. What do you think?