BlackRock boss Fink says stakeholder capitalism is not 'woke'
Los Angeles-born Fink, 69, has been pushing the financial sector to place more emphasis on environmental, social and governance issues when making decisions on where to put their money.
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Los Angeles-born Fink, 69, has been pushing the financial sector to place more emphasis on environmental, social and governance issues when making decisions on where to put their money.
The BlackRock CEO is either too radical or too namby-pamby, critics say.
In his annual open letter, Fink said it was not 'woke' to care about politics or causes like climate change. He said it was more 'essential' now than ever for CEOs to have a voice.
Fink weighs in against divesting from energy stocks, touts new proxy-voting plans.
BlackRock CEO Larry Fink says oil and gas companies are going to be an important part of the bridge to a decarbonized future. Climate leaders reject this idea.