Posted on 01/10/2020 3:41:54 AM PST by Libloather
BlackRock, the world’s largest asset manager with more than $6.8 trillion under its control, becomes the latest signatory to Climate Action 100+, an influential big-money pact that’s pushing - although with spotty results so far - many of the world’s largest greenhouse-gas emitters to take action on man-made climate change.
BlackRock joins more than 370 global investors, including pension giant CalPERS and HSBC Global Asset Management, already participating in the initiative, which aims to sway companies ranging from fossil-fuel producers to consumer-product conglomerates to be carbon neutral by 2050. With BlackRock on board, total assets under management represented by Climate Action 100+ now top $41 trillion.
“Given BlackRock’s size and influence, their commitment to accelerating engagements with the largest corporate greenhouse gas emitters on climate change sends a powerful signal to companies to reduce emissions, improve corporate governance and strengthen their disclosure,” said Mindy Lubber, a member of the Climate Action 100+ steering committee and CEO and President at Ceres, which advocates for sustainability-minded investors, in a release.
(Excerpt) Read more at marketwatch.com ...
Money to be had in this big scam
Public pension money is at risk here.
Where the heck is Congress?
My Investment
Adviser will be
Getting a Call soon.
BlackRock is the Enemy of the People.
Military attack BlackRock.
Imprison their leaders.
If Congress had done the right thing when the housing bubble popped in '07-'08 half of the outfits in on this scam would be broke and their principals in prison instead of plotting their next ripoff.
JMHo
You know. You have a point.
When Al Gore was born there were 130,000 glaciers in the world. Today, there are only 130,000 left.
A BlackRock wealth tax of 25% could help the children.
No matter, it would come out of your money, your pension funds. I agree that somehow there must be money in it for Blackrock, but only for them. Investing in this economically destructive, unproductive area instead of the fossil fuel powered world is going to tank results and kill the global economy. This is madness.
This laundering is money that is sent back to our politicians
Cost of doing business. Nothing burger.
Oy
Black Rock is another one of those places where Deep Staters are recruited from, and the place that hires Deep Staters when they ‘leave’ the government to collect the bribes they’ve earned.
Bridgewater is another such company.
How long before Black Rock merhes with Black Water? Be afraid.
Al Bore has taught them all “there’s money to be made in them thar ‘green’ bills”.
We’re all gonna die? We can’t take with us into the next life.
What’s the use of money when you’re no longer around to enjoy it?
Yep.
Never seen a hearse with a trailer hitch.
Makes retirement choices easy and payouts/income higher, just take an 11.1 year annuity period certain payout.
If I had money invested in black rock funds I would pull it out immediately. Money is the only language that matters to these clowns.
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