BlackRock’s ‘No. 1’ goal in ‘woke’ investing: Huge ESG-funds haul
Progressives love the story of Engine No. 1, a small activist investor that just fought its way onto the board of what many wokesters consider the most vile company in the world: oil giant ExxonMobil. Most activists — think Paul Singer and Carl Icahn — are in it for the money. Engine No. 1 wants to make money with a progressive twist: The fund’s founders argue that there’s gold in green.
