Capital Flows, Financials, Sector Focus

‘Not the role of BlackRock’ to engineer climate transition, Fink says

Larry Fink_BlackRock CEO
BlackRock CEO Larry Fink says it is for governments to be the ‘environmental police’, not asset managers. (Photo: Thos Robinson/Getty Images)

BlackRock chief executive Larry Fink says it is for governments, technology and consumers to set the pace of decarbonisation.

The world’s largest asset manager will focus on understanding what decarbonisation means for its clients, its chief executive has said, rather than trying to deliver any particular result.

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.
  • The Sustainable Views Policy Tracker - deep insight on ESG regulations and deadlines.

Read Next:

Policy & Regulation, UK
February 29, 2024

Threadbare council finances threaten to undermine biodiversity net gain in England

A UK law requires housing developers to deliver a 10% net improvement to biodiversity on their sites, but delivery may be problematic
Read more