FINANCE: BlackRock puts muscle behind push for net zero
Published: Friday, February 19, 2021 BlackRock CEO Larry Fink. Photo credit: Kris Tripplaar/Sipa USA/Newscom BlackRock Inc. CEO Larry Fink. The financial firm this week outlined its plan to encourage more climate action from the companies in which it invests. Kris Tripplaar/Sipa USA/Newscom Correction appended. Wealth leviathan BlackRock Inc. gave teeth to its climate commitments this week when it pledged to leverage its shareholder power to punish companies that fail to take climate change seriously. That promise sends a message to the heaviest greenhouse gas emitters: Set targets to cut car...