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Re: sambeaux post# 2564

Sunday, 12/27/2020 3:41:16 PM

Sunday, December 27, 2020 3:41:16 PM

Post# of 3265

The world’s largest asset manager kicked off 2020 by laying out a list of climate pledges that put the rest of the financial sector on notice. “Climate risk is investment risk,” wrote BlackRock’s CEO Larry Fink in his annual open letter to chief executives in January. Climate change is rewriting the most basic assumptions of modern finance, he argued, and portfolios that integrate climate risk will deliver better long-term returns than conventional investments.



https://qz.com/1947816/blackrocks-list-of-climate-commitments-just-got-longer/?utm_source=YPL
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