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BlackRock’s Fink warns companies need to show a net-zero plan !!!

Jan 26, 2021 | Global Macro, Inflation, Thematic

If you already think that ESG and decarbonization would not generate inflation, Larry Fink just marks the beat!

On Tuesday he warned the companies it invests in that they need to show how they will be able to survive in a world aiming for net-zero carbon emissions by mid-century.

In his annual letter, Fink said they would also need to make clear how the plan is integrated into the company’s long-term strategy and reviewed by the board…

SIF American Foundation’s 2020 Biennial report on Sustainable and Impact investing, sustainable +investing assets now total 17.1tn$, or 33% of the total of 51.4tn$ in ass Aum in investment funds, +42% compared to 2018 according to MarketWatch report.

Impact investing index funds have topped $250 billion, and the U.S. market is now 20% of the total.

Just good luck for some sectors…

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