BlackRock CEO Larry Fink walks tightrope on climate investing

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BlackRock CEO's latest letter departs from those of the past several years — giving less emphasis to climate risk and ESG investments.

This year’s chairman’s letter from BlackRock CEO Larry Fink, published Wednesday, gives less emphasis to climate risk and environmental, social and governance investments than past letters — but doesn't play down the substance.As the head of the world's largest asset manager, Fink’s letters are widely taken as a signal for how the financial community is thinking about certain topics, and how policy makers may need to respond.

Fink discusses the investment opportunities associated with the energy transition, potential financial repercussions from climate change-related extreme weather events and the need for companies BlackRock invests in to disclose their climate change-related risks.

 

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Glad to see BlackRock CEO Larry Fink still acknowledges the substance of climate risk and ESG investing in his latest letter. At Clean Money Matters, we believe in the power of ESG investing for a sustainable future.' ESGinvesting Sustainability

So Axios does what little boots DeSantis asks.

I'm sorry, I can't hear a word you're saying. You might want to take DeSantis's ball sack out of your mouth.

Rapid global depopulation could solve climate change.

Were you as afraid of trump as you are DeSantis? Cowardice in journalism. Axios is now off my list as a trusted news source.

🤡🤡🤡🤡

just taking direction from fascists now? I wouldn't trust anything you bootlickers write anymore, you weren't very good before this anyway

Shame! Ben Montgomery did not lie.

So now you support a facist governor by firing a reporter who calla out his propaganda bullshit?

ESG = fail

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