Blackrock’s announcement about how its future investment policies will reflect climate-related risks, and Greta Thunberg’s address at the World Economic Forum in Davos were major headlines during the first month of 2020. (AP Photo/Mark Lennihan) ASSOCIATED PRESSThe messages from both Blackrock and Thunberg agree in respect to the inadequate global response to excessive greenhouse gas emissions. One place where the messages from Blackrock and Greta Thunberg align involves the social pressure which activist groups sharing Thunberg’s outlook will have on the greenhouse gas emission policies of firms in which Blackrock invests. Specifically, Blackrock will seek to reduce portfolio weights in firms that it expects to be adversely impacted by climate change activists. Since 2016, firms’ disclosures of climate-related financial information appear to have increased; however those increases are still insufficient for investors.

Source: Forbes February 02, 2020 06:33 UTC