'It is not woke. It is capitalism': What BlackRock CEO Larry Fink thinks of the net zero transition

Cecilia Keating
clock • 5 min read
Fink speaking at the 2017 World Economic Forum | Credit: Flickr
Image:

Fink speaking at the 2017 World Economic Forum | Credit: Flickr

Annual letter from boss of world's largest asset manager defends focus on climate action, but campaigners accuse BlackRock of continuing to invest heavily in fossil fuels infrastructure

The boss of the world's biggest asset manager has this morning cast the decarbonisation of the global economy as the "greatest investment opportunity of our lifetime", predicting that companies that fail...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Investment

ESG adoption in EMEA hits 'all-time high' amid global political and economic headwinds

ESG adoption in EMEA hits 'all-time high' amid global political and economic headwinds

Capital Group's ESG Global Study reveals interest in sustainable investing is continuing to grow, despite high profile criticism

Sorin-Andrei Dojan, Investment Week
clock 24 October 2024 • 3 min read
Now Pensions boosts climate action after investment strategy implementation

Now Pensions boosts climate action after investment strategy implementation

Master trust making 'good progress' on net zero targets and is on track to achieve goals

Holly Roach, Professional Pensions
clock 24 October 2024 • 3 min read
Ricardo plots sale of defence business to focus on environmental consulting

Ricardo plots sale of defence business to focus on environmental consulting

Engineering firm announces plans to offload its defence business and instead focus fully on the energy transition and global climate challenges

clock 22 October 2024 • 2 min read