BlackRock says it wants to do more for the climate
The proof will be in its investment and shareholder-voting strategies
“I BELIEVE WE are on the edge of a fundamental reshaping of finance,” wrote Larry Fink, the boss of BlackRock, the planet’s biggest fund manager, in an open letter on January 14th. His annual missives, addressed to clients and the bosses of companies in which BlackRock invests, are widely read. This year’s, which argues that climate change is a big investment risk that could cause market havoc sooner than most expect, was no exception.
This article appeared in the Finance & economics section of the print edition under the headline “Green giant”
Finance & economics January 18th 2020
- Emerging economies are experiencing a prolonged productivity slowdown
- What the semiconductor industry tells us about the world economy
- Oil markets shrug off tension in the Middle East
- BlackRock says it wants to do more for the climate
- The new US-China trade deal marks an uneasy truce
- Economists explore the consequences of steering technological progress
From the January 18th 2020 edition
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