In his annual letter to CEOs, BlackRock’s Larry Fink discusses how the events of 2020 are helping to accelerate an economic transformation.
In a2020 letter to our clientstoday, BlackRock announced a number of initiatives to place sustainability at the center of our investment approach, including: making sustainability integral to portfolio construction and risk management; exiting investments that present a high sustainability-related risk, s...
BlackRock, the world's largest investment firm, will put sustainability at the center of its investment strategy going forward, according to CEO Larry Fink'sannual letter to chief executives. The letter,first reportedby the New York Times, states that BlackRock, which manages almost $7 trillion ...
In his latest annual 'dear CEO' letter, BlackRock CEO Larry Fink has defended stakeholder capitalism and BlackRock's push to hold firms accountable for progress on a range of ESG issues as good business practice and not inconsistent with, or at the cost of, long term financial returns. Rather...
In his annual letter to CEOs, BlackRock CEO Larry Fink says that, while decarbonizing the global economy is ‘the greatest investment opportunity of our lifetime,’ he also asserts that ‘divesting from entire sectors will not get the world to net zero.’...
Blackrock's chief executive officer, Larry Fink, warned that a deeper slump in commodity prices and an even stronger dollar pose the greatest threats to global markets, the Wall Street Journal reportedEBSCO_bspMoney Management Letter
In an annual letter to CEOs published Tuesday, BlackRock chief executive Larry Fink said: "Climate change has become a defining factor in companies' long-term prospects." "But awareness is rapidly changing, and I believe we are on the edge of a fundamental reshaping of finance," he added. ...
Larry Fink said in his annual letter that BlackRock would continue to encourage companies to react to climate change because it has financial significance.
In his influential annual letter to chief executives, Larry Fink said BlackRock, the $7 trillion investment firm, would avoid companies that “present a high sustainability-related risk.”
Chief executiveLarry Finkhas not used the word “climate” on an analyst call since January, and he mentioned climate, sustainability or the word green just eight times — out of 11,000 words — in his closely watched annual letter in March. ...