There’s something titillating about sin stocks and vice funds, don't you think? Perhaps it is the way a little naughtiness provides the rare opportunity...
Earlier this year NordSIP covered the apparent disconnection between BlackRock’s corporate level net-zero commitment and reported communication with clients and other stakeholders behind the scenes. The firm seemed to be attempting a delicate balancing act with a view to retaining clients while edging towards compliance with the goals of global climate agreements. Meanwhile, BlackRock has found itself on an ESG blacklist published by the State of Texas’ comptroller of Public Accounts.