Around 20 students, faculty and climate activists gathered at a protest outside Bobst Library on Thursday to demand that BlackRock CEO Laurence Fink be removed from NYU’s board of trustees. The protesters criticized the trillion-dollar asset management company’s investments in fossil fuels and priva
In recent years, financial firms have revamped dozens of mutual funds into E.S.G. dedicated funds seeking to cash in on growing demand for such investments.
Defense contractors, fossil fuel companies, and pharmaceutical giants have also used superficial measures like diverse boards to earn inclusion in so-called socially conscious ESG funds.