Mark Wiseman on climate change

I believe 100% that climate change is real, and that it’s human caused, or at the very least human-accelerated. Even if you think it’s malarkey, you’ve got to look at it in your investments for two reasons: a) Most of the world isn’t skeptical, and customers and other investors and probably your kids really care about it. It’s likely people won’t want to buy a product from a belching plant, and other investors will discount its value; b) Perception is reality in the value of a security.

~ Mark Wiseman, Global Head of Active Equities at BlackRock, "Staying Focused on the Long Term," Barron's, July 6, 2019