The group — which is overseen by a nongovernmental steering committee comprised of ESG activists — calls for members to engage companies on "improving climate change governance,"curbing carbon emissionsand strengthening climate-related financial disclosure policies. Its actions have largely taken ai...
Had Fink moved a decade ago to pull BlackRock’s funds out of companies that contribute to climate change, his clients would have been well served. In the past 10 years, companies in the S&P 500 energy sector had gained just 2% in total. In the same period, the broader S&P 500 nearly ...