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BlackRock is all in on firmwide sustainability; Global climate threats driving firm to act on danger to prosperity

Jan 27, 2020 - Pensions & Investments

The world's largest money manager, BlackRock Inc., staked its claim on sustainable investment within the global investment management industry when it announced that it will incorporate sustainable investment principles firmwide.

Sustainability now is BlackRock's standard for investing, given the risk that global climate change poses to "economic growth and prosperity," Laurence D. Fink, chairman and CEO of the New York-based firm, announced in his annual letter to corporate CEOs. BlackRoc...