BlackRock’s Fink Says Companies, Governments Must Team Up on Climate Change

  • BlackRock CEO is pushing companies to reach net-zero targets
  • The bulk of BlackRock’s assets are held in passive index funds
Fink: 'Capitalists Should Self-Regulate' on Climate Disclosure
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BlackRock Inc. Chief Executive Officer Larry Fink said that public and private sectors will need to work together to confront climate change.

“Governments worldwide are going to need to invest in the R&D of how to prepare for climate change, in helping us design and build new technologies,” he said Wednesday at Bloomberg’s “The Year Ahead” virtual conference during an interview with Editor-in-Chief John Micklethwait.