"The world′s largest asset manager is stepping up pressure on companies to address how climate risk will affect its portfolios. In a recent post on its website, BlackRock said it believes climate risk is a “systemic issue” and that corporations should be compelled to develop disclosure standards."
[COMMENTARY] Such remarks from the world’s largest asset manager are bound to influence corporate climate change policies globally. Furthermore, Blackrock is backing-up its remarks with actions as it seeks to discuss these issues with the companies it invests in.
‘Climate is King′ Says BlackRock; Companies Must Now Address Risk, by Jan Lee, March 16, 2017, TriplePundit, USA.