Sustainability disclosures are in best interests of investors: Larry Fink
BlackRock carbon-neutral in their own operations
BlackRock s climate murmurs of January 2020 have just intensified into an actionable blueprint. Larry Fink, who identified Climate as the defining factor of companies prospects’ last year has now asked ‘companies to disclose a plan to ensure that the businesses are compatible with the net-zero economy’. In his annual letter to corporate leaders, the BlackRock chief stressed that these measures were quintessential to limit global warming to 2 degree Celsius and eliminate net greenhouse gas emission by 2050.
Significance Of Larry Fink’s Message
The shift towards climate responsible businesses and ESG have accelerated since the outbreak of COVID which has caused seismic changes to the operational and functional capabilities of companies. But Larry Fink is not just another climate activist. BlackRock is perhaps one of the most influential investors in t