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BlackRock’s Uncomfortable Truth: Going Green Won’t Be Easy

  • Largest asset manager works sustainability into investing
  • Fink warned CEOs climate crisis will affect everyone
Pumpjacks operate on oil wells in the Permian Basin in this aerial photograph taken over Crane, Texas.
Photographer: Daniel Acker/Bloomberg

In a stroke, Larry Fink became one of the most powerful champions of green investing in global finance.

But behind his new sustainable-investing push at BlackRock Inc. lies an uncomfortable truth: going green won’t be easy or quick.