BlackRock’s Fink Calls on Investors to Embrace ESG: NEF Update

BlackRock Inc. Chief Executive Officer Larry Fink said a growing number of investors are focusing on climate change and that companies embracing stakeholder capitalism are outperforming peers. Speaking at a Bloomberg New Economy Forum event broadcast Thursday, he said Joe Biden’s decision to return the U.S. to the Paris climate agreement will be “monumental” and would support the work of investors that have focused on climate change.