World’s Largest Investment Firm To Put Sustainability at Heart of Its Investment Strategy
Business Wars Daily
Audible
4.6 • 717 Ratings
🗓️ 20 January 2020
⏱️ 6 minutes
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Summary
Today is Monday, January 20, 2020, and we’re looking at BlackRock vs. Vanguard.
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Transcript
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| 1:05.8 | Thank you. Macmillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this Monday, January 20th. |
| 1:11.4 | You may have today off for Martin Luther King Day, which is as good a time as any, to contemplate |
| 1:15.6 | the latest sea change in American business. |
| 1:18.0 | Last week, the world's largest investment firm announced that it will now put sustainability |
| 1:22.9 | at the center of its investment strategy. |
| 1:25.3 | The company, called BlackRockRock also told clients that it will |
| 1:28.1 | divest $500 million worth of shares in companies that produce what's called thermal coal, the kind of coal |
| 1:34.3 | used to make electricity. BlackRock CEO Larry Fink made the announcement in his yearly letter |
| 1:39.1 | to chief executives of the world's largest companies, writing, quote, climate change is almost invariably the top |
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