Yes, but people are talking about a decision about active funds, not indexes where most of the money is. It would be earthshaking if they decided to substitute

Yes, but people are talking about a decision about active funds, not indexes where most of the money is. It would be earthshaking if they decided to substitute their judgment for the market and take coal stocks out of all the index funds. But that's not what is being reported. The reporting seems to be kind of willfully implying a connection that isn't there to get clicks, which I guess is basically all journalism these days.