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BlackRock vows tougher stance on climate after activist heat

BlackRock Chief Executive Larry Fink warned company boards to step up efforts to tackle climate change, a significant shift by the world's biggest investment manager, which has faced mounting concerns about its role as a major fossil fuel investor......»»

Category: topSource: reutersJan 14th, 2020

World"s largest asset manager gets tough on climate change

BLACKROCK-FINK/ (UPDATE 4, PIX):UPDATE 4-BlackRock takes tougher stance on climate after activist heat.....»»

Category: topSource: moneycentralJan 14th, 2020

BlackRock takes tougher stance on climate after activist heat

BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change, marking a significant shift in the public stance of the world's biggest investment manager amid mounting concerns about global warming......»»

Category: topSource: reutersJan 14th, 2020

BlackRock takes tougher stance on climate change

BlackRock, the world's biggest investment manger, said it plans to step up efforts to tackle climate change in what CEO Larry Fink said would be a "fundamental reshaping of finance." Conway G. Gittens reports......»»

Category: videoSource: reutersJan 14th, 2020

Hedge Fund and Insider Trading News: Jeffrey Ubben, Tom Steyer, Elliott Management, Oracle Corporation (ORCL), AAR Corp. (AIR), and More

ValueAct’s Ubben Cheers BlackRock’s New Stance on Climate Change (Reuters) NEW YORK (Reuters) – Investor Jeffrey Ubben, alre.....»»

Category: topSource: insidermonkeyJan 15th, 2020

ValueAct"s Ubben cheers BlackRock"s new stance on climate change

Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock Inc chief Laurence Fink told companies to tackle climate change or face his wrath......»»

Category: topSource: reutersJan 15th, 2020

Greta Thunberg slammed the Associated Press for cropping a black activist out of a photo of her at Davos

AP Images Greta Thunberg slammed the Associated Press for cropping a black activist out of a picture of Thunberg and other climate protesters at the.....»»

Category: topSource: businessinsiderJan 27th, 2020

Louise Linton briefly posted and deleted a message of support for Greta Thunberg, whom her husband Steve Mnuchin dissed at Davos

Ron Adar/SOPA Images/LightRocket via Getty Louise Linton, a Scottish-born actress and wife to US Treasury Secretary Steve Mnuchin, briefly posted then deleted a message of support for Swedish climate activist Greta Thunberg on her Instagram.....»»

Category: topSource: businessinsiderJan 25th, 2020

Mnuchin vs. Greta on climate change: What economists think

Chief economist at Mnuchin's former employer sides with the non-degreed teenage activist on climate policy......»»

Category: topSource: moneycentralJan 23rd, 2020

BlackRock, France, Germany Govts. Seek $500M Investment For Their Joint Climate Fund

The Climate Finance Partnership (CFP) org.....»»

Category: blogSource: benzingaJan 22nd, 2020

BlackRock, partners eye initial $500 million for climate fund

A BlackRock-backed group aims to raise an initial $500 million for a private equity fund that will invest in climate change-linked infrastructure upgrades in emerging markets......»»

Category: topSource: reutersJan 22nd, 2020

BlackRock built 5% stake in ex-Toshiba unit at center of takeover battle: filing

BlackRock Inc has built a 5.12% stake in Toshiba Machine , a former Toshiba Corp subsidiary that has been targeted by Japan's most prominent activist investor, according to a regulatory filing by the U.S. asset manager......»»

Category: topSource: reutersJan 22nd, 2020

Greta Thunberg and Trump will face off again at Davos. Here"s what happened the first time they met, and what they"ve said about each other since.

AP Photo/Manuel Balce Ceneta; REUTERS/Susana Vera The World Economic Forum's annual summit at Davos runs from Tuesday to Friday this week. Teen climate activist Greta Thunberg and President Donald Tru.....»»

Category: topSource: businessinsiderJan 21st, 2020

Climate crisis: a world economic failure? Davos awaits Greta

On the eve of the annual World Economic Forum in Davos, focus is on teenage activist Greta Thunberg as she prepares to challenge the global financial elite to fight climate change. Conway Gittens reports.....»»

Category: videoSource: reutersJan 20th, 2020

Climate crisis dominates the top risks in World Economic Forum report ahead of Davos

A decade of record-setting heat and ice melt, punctuated by the fires consuming Australia right now, position climate-change risks atop the list of concerns as chief executives from the world’s most powerful companies ready to gather in Davos......»»

Category: topSource: marketwatchJan 15th, 2020

BlackRock makes climate change central to its investment strategy

The shift by the nation’s leading money manager is sure to be closely watched by its rivals and the rest of corporate America.....»»

Category: topSource: washpostJan 14th, 2020

"A fundamental reshaping of finance": The CEO of $7 trillion BlackRock says climate change will be the focal point of the firm"s investing strategy

REUTERS/Chip East The CEO of $7 tr.....»»

Category: topSource: businessinsiderJan 14th, 2020

$7T asset manager BlackRock to drop coal producers in climate push

The firm wants to stop investing that money in companies that pose "climate risk," Blackrock CEO Larry Fink wrote......»»

Category: topSource: foxnewsJan 14th, 2020

BlackRock shakes up business to focus on sustainable investing

BlackRock has unveiled sweeping changes in an effort to position itself as a leader in sustainable investing after criticism that the company has failed to use its clout to combat climate change......»»

Category: topSource: bizjournalsJan 14th, 2020

BlackRock puts climate at center of $7 trillion strategy

BlackRock Inc. will ditch investments with high sustainability-related risk as climate concerns drive a sweeping change in the way the world’s largest asset manager invests its $7 trillion in assets......»»

Category: topSource: moneycentralJan 14th, 2020

BlackRock warns of backlash against firms delaying climate action

BlackRock Chief Executive Larry Fink has warned company boards to step up efforts to tackle climate change or face increased wrath from investors concerned about how unsustainable business practices might curb their future wealth......»»

Category: topSource: reutersJan 14th, 2020