Blackrock Letter To Ceos. Focus on Sustainability for Long-term Value. The money we manage is not our own.
BlackRock Inc has released its chairman and CEO Larry Finks annual letter to CEOs in which he calls on CEOs to better articulate their long term strategic plans and more particularly to explain how their organisations contribute to society. Climate change will be a defining factor in companies. The money we manage is not our own.
Despite this call to action there was relatively little on climate change in this years BlackRock letter to CEOs.
Finks annual letter to the chief executives of the worlds largest companies is closely watched and in the 2020 edition he said BlackRock would begin to exit certain investments that. It belongs to people in dozens of countries trying to finance long-term goals like retirement. Larry Fink the chief executive at BlackRock the worlds biggest investor with 46 trillion just sent a letter to chief executives at SP 500 companies and. He and seven partners founded BlackRock in 1988 and under his leadership the firm has grown into a global leader in investment and technology solutions.