BlackRock (BLK) closed the most recent trading day at $648.32, moving +0.53% from the previous trading session.
BlackRock Inc, the world's largest asset manager, said on Thursday it would continue to push companies for details on how they treat "material" climate-related risks, despite criticism from some U.S. politicians for its stance on the energy transition. The comments continue BlackRock's attempt to walk a middle line between Republicans who say it has overemphasized environmental, social and governance (ESG) factors in investing, and shareholder activists and other investors who say the $8.6 trillion asset manager should push companies harder to address climate issues. In a statement on the priority areas it will focus on in talks with companies at the start of the season for annual company meetings, BlackRock said while it had refined some language it uses, nothing substantive had changed.
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