BlackRock seeks to regain lost ground in climate fight
The world’s largest asset manager has been talking about the risks of global warming for years. Yet critics argue that it has failed to live up to its own rhetoric.
Larry Fink’s annual finger-wagging letter to chief executives has become a feature of the corporate governance calendar, often setting the agenda for global companies and shareholders alike.
In recent years the head of BlackRock has railed against short-termism and political dysfunction, argued for US companies to repatriate overseas cash, and warned businesses they must contribute more to society.
