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Larry Fink doubles down on urging companies to disclose net-zero plans as BlackRock's own policies come under a microscope (BLK)

Business Insider Fews App News Provider
Fews App Post Time 32d ago

Summary List PlacementBlackRock Chief Executive Larry Fink renewed his call for companies to disclose so-called net-zero plans and other sustainability-linked data in his annual, influential letter to shareholders on Wednesday. Fink, who leads the world's largest asset manager and has become a fixture of the sustainable-investing movement in recent years, called on the government to help assist a transition to a net-zero economy and emphasized a call for private companies' disclosures alongside public ones. "If large private companies are not held to the same level of scrutiny as public companies, we will create an unintended incentive to shift carbon-intensive assets to markets with less transparency and, often, less regulation," Fink wrote.

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