• MrMakabar@slrpnk.net
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      BlackRock is the largest owner of 330 of the S&P500 companies. Similar story for most other markets. So them pushing a somewhat green agenda is actually a big deal and very usefull.

      • RoboGroMo@slrpnk.net
        link
        fedilink
        arrow-up
        0
        ·
        1 year ago

        i can’t remember the details because i’m poor but they manage other peoples money so a lot of people who care about the environment have money in a 401k or something which means blackrock control the shares they own and vote in shareholder meetings for whatever’s best for rich people - there’s a way to be more proactive by registering your ownership yourself but i have no idea what it involves.