Larry Fink, BlackRock founder and CEO, defended his push for corporate America to adopt more climate-friendly policies, arguing that stakeholder capitalism is about turning a profit – not being 'woke.'
BlackRock execs who worked with Deese question his qualifications to lead economic council: GasparinoLarry Fink, the founder and CEO of investment giant BlackRock, defended his push for corporate America to adopt more climate-friendly policies in the face of conservative criticism, arguing that stakeholder capitalism is about turning a profit – not being "woke.
Larry Fink, chief executive officer of BlackRock Inc., speaks during a Bloomberg Television interview in New York on April 19, 2017. In his letter two years ago, Fink told CEOs that climate change will be a "defining factor in companies' long-term prospects," warning that "we are on the edge of a fundamental reshaping of finance.
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