“Sustainable, Resilient, and Transparent Portfolios.”
It is commendable that Blackrock is leading the way in terms of investment choices based on Environmental, Social and Governance criteria and also exiting from industries that are deemed to be not in line with a sustianable future, e.g. thermal coal.
As with any investment choices or internal guidelines, it is a question of how far this goes compared to where the market currently is.
Read the letter here…