Asset Managers · Sustainability

BlackRock caught in political tug of war over SRI

SRI: BlackRock caught in tug of war in US politics

BlackRock finds itself caught in a tug of war in US politics over its approach to sustainable investing.

On the one hand, there are Republican-led states that believe the world's largest asset manager is hostile to the carbon-focused industry. On the other hand, there are Democrat-led governments that believe BlackRock is backtracking on its commitment to addressing climate issues. 

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