Larry Fink Repeats Promises for Culture Change in Annual Let

Larry Fink Repeats Promises for Culture Change in Annual Letter


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BlackRock chief executive officer Larry Fink reiterated the firm’s plans to improve its diversity and inclusion in his latest annual shareholder letter.  
Published on Wednesday, the letter highlights the steps BlackRock has already taken, as well as its plans to work toward net-zero emissions by 2050.  
The letter comes at a pivotal time for the world’s largest asset manager. In March,
Institutional Investor reported on several allegations of sexual harassment and discrimination that took place at BlackRock. That day, Fink said in an internal memo to employees that the company had retained law firm Paul, Weiss to conduct an internal review.  

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