How is “let's pool capital to make profit" not a valid charter? The problem is that the invisible hand, when it comes to stock markets, has a tendency to "maxi

How is “let's pool capital to make profit" not a valid charter? The problem is that the invisible hand, when it comes to stock markets, has a tendency to "maximise evil": wrt climate change this means that everybody who thinks that maybe we should better burn less carbon will be eager to sell if they still own something in that sector, and the highest bidders will be people eager to go on until even the last remaining unoxydized carbon atom in the crust is transferred into the atmosphere. Charters are for protecting investors from "that's not what I paid for!" surprises, if anything they'd make it harder for hydrocarbon extraction corporations to pivot away.