By Reynir Indahl 2021-02-24T15:07:00+00:00 While EU regulation is a positive development, which will bring greater standardisation to ESG reporting, investors, organisations and regulators must aim to go further Larry Fink’s annual letter once again outlines the role of asset managers in combatting climate change and working towards net zero targets. His statements come off the back of a year when environmental, social, governance (ESG) investments grew fourfold, outperforming traditional funds, as investors became hyper aware of the role externalities and business resilience on future growth prospects. In particular, Fink highlighted the importance of public disclosure on carbon emissions, enabling investors to differentiate between companies’ eco-credentials, identify greenwashing and ultimately achieve “true societal change”.