'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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Forest secures £27m funding boost for London e-bike expansion

Forest secures £27m funding boost for London e-bike expansion

Company now has 1.5 million users and enables two million rides a month in London, making it the world's largest shared e-bike market

clock 28 April 2026 • 2 min read
Investors managing $1.38tr in assets accuse NatWest of climate 'backtracking'

Investors managing $1.38tr in assets accuse NatWest of climate 'backtracking'

Sixteen institutional investors back AGM statement expressing concern at bank's approach as energy transition reaches critical point

Stuart Stone
clock 27 April 2026 • 4 min read
British International Investment vows to boost climate finance with new £15bn strategy

British International Investment vows to boost climate finance with new £15bn strategy

UK development finance body's five-year strategy includes new £1.1bn fund dedicated to tackling emissions in coal-reliant countries

Michael Holder
clock 24 April 2026 • 5 min read