Top money manager has companies scrambling to act on climate
(WorldNews Environment)

Elizabeth Warren and three other Senate Democrats are pressing the world´s largest money manager to take greater action to confront climate change after a landmark letter from the firm´s leader rattled corporate America this year. The letter from BlackRock CEO Larry Fink to chief executives offered unprecedented support from the manager of more than $7 trillion in investments for the notion that companies must look past a narrow view of the interest of shareholders and address social issues including climate change. In the weeks that followed, some of the country´s largest corporations revealed plans to do just that, including a $1 billion commitment by Delta Air Lines, the second-largest...