Blackrock Investment Guru Busts The ESG Investing Myth ...Middle East

Economy by : (OILPRICE) -
Over the past few months, one of the most influential investors on Wall Street has been throwing its full weight behind ESG and the clean energy transition. Back in January, BlackRock Inc. (NYSE:BLK), the world’s largest asset manager with $9 trillion in assets under management (AUM), disclosed plans to pressure companies to do a lot more to lower their carbon emissions by leveraging its mammoth asset base. A couple of months ago, BlackRock CEO Larry Fink called for corporate climate disclosures while proclaiming that companies must…

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