BlackRock Puts Climate at Center of $7 Trillion Strategy

  • CEO Fink wrote in an annual letter to corporate executives
  • Fink outlined a number of initiatives BlackRock will undertake
Bloomberg Opinion's Elisa Martinuzzi discussed BlackRock’s investment strategy on "Bloomberg Surveillance." The views expressed are her own. Source: Bloomberg
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Larry Fink struck an urgent note in his annual letter to America’s corporate executives: Climate change will upend global finance sooner than they might think.

The BlackRock Inc. chief executive officer issued his strongest warning yet to business leaders on the climate crisis, and said his firm will take steps to address the issue across the thousands of companies in which it invests.

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BlackRock Puts Climate at Center of $7 Trillion Strategy