Big 3 ETF managers continuing to push the ESG envelope in 2022
Their words hold weight amid a "tectonic shift" of capital to sustainable investments, which pipped US$4 trillion last year.
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IN 2012, the world's largest investor, with close to US$4 trillion in assets under management then, sent out a letter to the world's largest public companies seeking engagement on issues of corporate governance.
That letter signed off by BlackRock's chief executive officer (CEO) Larry Fink was, by current standards, short and inconsequential.
Fast forward a decade, BlackRock has cemented its position as the world's largest asset manager with more than US$10 trillion under its management, and Fink's letter, now an annual affair, has even become feared among corporate bosses for its consistent foray into uncomfortable territories.
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