Investors and shareholder advocacy groups have called on BlackRock to vastly improve its climate engagements, in anticipation of its CEO’s yearly letter to companies reminding them of their need to address global strategic challenges and deliver long-term value for shareholders and society. Trillium Asset Management, Boston Common Asset Management, and Ethos Fund join 9 NGOs, including ShareAction and ClientEarth, in writing to Larry Fink, the CEO of the world’s largest money manager. The letter calls out the fund manager for its own poor contribution to environmental goals, especially in light of growing urgency to tackle the risk of climate change to the global economy.

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