BlackRock's Fink embraces sustainability as 'new standard' for investing

clock
Larry Fink, BlackRock CEO
Image:

Larry Fink, BlackRock CEO

Larry Fink has unveiled a raft of actions to integrate sustainability into BlackRock's investment offering, with ESG set to be assessed with the 'same rigour' as liquidity and credit risk

In his annual letter to CEOs, BlackRock chief Larry Fink today said climate change "has become a defining factor in companies' long-term prospects" and added that "we are on the edge of a fundamental reshaping...

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 developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Investment

'World first': Quintet Private Bank launches 'carbon neutral' fund managed by DWS

'World first': Quintet Private Bank launches 'carbon neutral' fund managed by DWS

New fund offers exposure to a range of green bonds and low-carbon equities

Ellie Duncan, Investment Week
clock 26 January 2022 • 1 min read
Assessments of the investment required to deliver net zero worldwide inevitably vary significantly

How many trillions are needed to build a global net zero economy?

McKinsey analysis suggests $9.2tr needed every year to achieve net zero worldwide, but report stresses such massive investment should 'not be seen as merely costs'

Michael Holder
clock 25 January 2022 • 9 min read
UN-backed Target Setting Protocol calls on top investors to halve portfolio emissions by 2030

UN-backed Target Setting Protocol calls on top investors to halve portfolio emissions by 2030

New edition of protocol binds companies in the Net Zero Asset Owner Alliance to delivering rolling five year decarbonisation goals for their portfolio emissions

James Murray
clock 25 January 2022 • 3 min read