BlackRock’s Fink: Decarbonizing Economy ‘Greatest Investment Opportunity of Our Lifetime’

BlackRock letter asks corporations to lead on greening the economy, employee mental health and fair pay, and announces creation of the BlackRock Center for Stakeholder Capitalism.

Larry Fink, chief executive officer of BlackRock
(Image credit: Getty Images)

BlackRock (BLK), the world’s largest investment firm, published on Tuesday the much-anticipated annual Letter to CEOs from its own chief, Larry Fink.

Over the past decade, these letters have increasingly urged companies to recognize and manage environmental, social, and governance (ESG) risks and opportunities.

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Ellen Kennedy
Personal Finance Editor,

Ellen writes and edits personal finance stories, especially on credit cards and related products. She also covers the nexus between sustainability and personal finance. She was a manager and sustainability analyst at Calvert Investments for 15 years, focusing on climate change and consumer staples. She served on the sustainability councils of several Fortune 500 companies and led corporate engagements. Before joining Calvert, Ellen was a program officer for Winrock International, managing loans to alternative energy projects in Latin America. She earned a master’s from the U.C. Berkeley in international relations and Latin America.