Reported 12 months ago
BlackRock disclosed a new climate policy for 83 funds with a total of $150 billion in assets in Europe, focusing on aligning investments with stringent climate goals and decarbonization. The strategy aims to meet the increasing demand from clients for sustainable and transition investing while addressing financial risks and opportunities associated with the shift to a low-carbon economy. BlackRock plans to extend these policies to funds in the US and Asia-Pacific regions, highlighting its leadership in ESG investing despite political scrutiny.
Source: YAHOO