BlackRock fast-tracks eviction of ESG violators from MSCI-linked ETFs

BlackRock fast-tracks eviction of ESG violators from MSCI-linked ETFs

File photo of a BlackRock building in New York June 12, 2009. REUTERS/Eric Thayer

BlackRock Inc, the world’s biggest asset manager, has halved the time it takes for companies breaching certain environmental, social and governance-related standards to be removed from a number of its iShares exchange-traded funds.