The climate moralism arms race in Davos, Switzerland, intensified on Thursday as activist Greta Thunberg accused attendees of the World Economic Forum of hypocrisy regarding the environment.
Several US states divest approximately $11.7 billion from BlackRock due to concerns about the company's commitment to ESG principles, which may present obstacles to state pension funds and expose investors to risks.
“People involved in the auto industry are largely a silent majority,” Mr. Toyoda said. “That silent majority is wondering whether EVs are really OK to have as a single option. But they think it’s the trend so they can’t speak out loudly.”