BlackRock's Fink urges CEOs to accelerate transition plans

BLACKROCK CEO Larry Fink has used his annual letter to company CEOs to urge companies to put their transition plans into action, as the COVID-19 pandemic accelerates the pace of the energy transition.

BlackRock's Fink urges CEOs to accelerate transition plans BlackRock's Fink urges CEOs to accelerate transition plans BlackRock's Fink urges CEOs to accelerate transition plans BlackRock's Fink urges CEOs to accelerate transition plans BlackRock's Fink urges CEOs to accelerate transition plans

The head of the US$7 trillion fund manager harked back to his letter last year where he wrote that climate risk was investment risk and that capital would begin to be reallocated once that risk was