Briefing

    BlackRock signs pledge pressuring portfolio companies to curb environmental impact

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    The world’s largest fund manager has signed onto Climate Action 100+, an influential initiative that pressures heavy-carbon-emitting companies to reduce their environmental impact. By signing the pact, BlackRock has agreed to press its portfolio companies to reduce greenhouse gas emissions in line with Paris Agreement targets, and disclose how climate change might impact their financial risk. (Financial Times)

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