Former Blackrock adviser argues at energy forum that divesting from oil and gas is not sustainable
Only about 150 companies on the S&P 500 index are aligned with ESG emissions reductions. In order to avoid doing business with every company that does not meet ESG standards, one would have to divest or skip over 350 companies on the index.
Blackrock must be buying up oil leases.
Even better is BlackRock and VanGuard want zero exposure. As they are the Big Threat.