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Step Aside, ESG. BlackRock Is Doing 'Transition Investing' Now

·1 min

The world’s largest asset manager has recently made a significant shift towards clean energy, investing billions of dollars in the sector. As part of this transition, the company has abandoned the use of acronyms. The move highlights their commitment to sustainable investments and signals their confidence in the growth potential of clean energy. This decision by the asset manager may influence the industry as a whole, as other investors may follow suit in supporting clean energy initiatives.