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Investment giant BlackRock pledges to make climate change central to its strategy

By Josh Siegel
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Investment giant BlackRock pledges to make climate change central to its strategy

BlackRock, the world’s largest asset manager, is vowing to make climate change central to its investment strategy and pressuring other companies to reduce their carbon footprints.

BlackRock CEO Laurence Fink warned business leaders Tuesday that climate change has become a “defining factor” in the long-term outlook.

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