Staff diversity and sustainability targets directly influencing borrowing costs.
The money manager and its lenders tied costs around a $4.4 billion credit facility to BlackRock’s diversity and sustainability goals.
Big drive towards a sustainable future underpinned by favourable investment conditions.
"Blackrock’s progress on growing assets in funds focused on companies with high environmental, social and governance ratings will also impact its lending costs. The firm aims to grow the roughly $200 billion it manages in so-called sustainable strategies to $1 trillion by 2030."
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The global issues we face are challenging and interconnected. They can seem insurmountable. But if you know where to look, co-operation, positive change and hope are all around us. Build Beyond Even Better is a project that recognises the progress being made, and the amazing people who are making a difference. Share your own hopes, pledges and projects with #BBEB, or become a contributor.
Please read our BBEB Charter PDF.
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