BlackRock bets its interest rate on ESG progress

The company agreed to pay lenders on a $4.4 billion credit facility more — or less — depending on the strides it makes to hire more Black and Latinx people, put more women in leadership roles and boost its sustainable investments.

Original source: https://www.bankingdive.com/news/blackrock-bets-its-interest-rate-on-esg-progress/597973/