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BlackRock CEO Larry Fink. (AP Photo/Julia Nikhinson) (ASSOCIATED PRESS) "Climate risk is investing risk," he said in one of these letters. ESG issues ranging from climate change to diversity to ...
CEO Larry Fink has been among the faces of the ESG movement in recent years thanks to his annual letters urging companies and long-term investors to do more to prepare for climate change ...
BlackRock CEO Larry Fink on Friday kept to his pledge to no longer use the acronym ESG.But he also made it clear that investors would be wise to keep their focus on climate concerns. In its ...
He is a co-founder, chairman and CEO of BlackRock, an American multinational investment management corporation. [ 1 ] BlackRock is the largest money-management firm in the world with more than US$10 trillion in assets under management. [ 2 ][ 3 ] In April 2024, Fink's net worth was estimated at US$1.2 billion according to Forbes. [ 4 ]
In a talk at the Aspen Ideas Festival in June 2023, BlackRock CEO Larry Fink said he has stopped using the term "ESG" because the term has been "weaponized". According to an Axios reporter, Fink said, "I'm ashamed of being part of this conversation." Later, according to Axios, Fink said, "I never said I was ashamed. I'm not ashamed.
CEO Larry Fink had been the unwitting face of ESG in recent years after a series of his annual letters to investors often discussed the concept. But that has shifted to the point where he now ...
The Sustainability Accounting Standards Board (SASB) is a non-profit organization, founded in 2011 by Jean Rogers [1] to develop sustainability accounting standards. Investors, lenders, insurance underwriters, and other providers of financial capital are increasingly attuned to the impact of environmental, social, and governance (ESG) factors on the financial performance of companies, driving ...
Larry Fink, CEO of the world's largest asset manager BlackRock, Inc. (NYSE: BLK), released his annual letter to CEOss Tuesday, with a focus on climate change. "We expect companies to disclose a ...