'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

Generation gap in ESG investing widens as performance worries increase

Generation gap in ESG investing widens as performance worries increase

Association of Investment Companies survey reveals growing hostility to ESG investing, especially among older investors, which is being fuelled by concerns over returns and confusion over what the term means

Michael Nelson, Investment Week
clock 13 October 2026 • 2 min read
SDCL's Jonathan Maxwell: 'The skills we need are mostly not green at all'

SDCL's Jonathan Maxwell: 'The skills we need are mostly not green at all'

Jonathan Maxwell explains why permission, not capital, is the 'constraint that bites', and why the industries making the fastest progress are the ones with the biggest energy bills

Stuart Stone
clock 13 October 2026 • 9 min read
'Deeply worrying': Banks accused of 'slowing down' their pursuit of net zero

'Deeply worrying': Banks accused of 'slowing down' their pursuit of net zero

Study warns banks are withdrawing or weakening net zero commitments and climate-related policies

Stuart Stone
clock 13 October 2026 • 4 min read