Finance

BlackRock’s Uncomfortable Truth: Going Green Won’t Be Easy

Largest asset manager works sustainability into investing
Fink warned CEOs climate crisis will affect everyone

Pumpjacks operate on oil wells in the Permian Basin in this aerial photograph taken over Crane, Texas. — Pumpjacks operate on oil wells in the Permian Basin in this aerial photograph taken over Crane, Texas.Photographer: Daniel Acker/Bloomberg

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal

January 14, 2020 at 10:29 AM EST

This article is for subscribers only.

In a stroke, Larry Fink became one of the most powerful champions of green investing in global finance.

But behind his new sustainable-investing push at BlackRock Inc. lies an uncomfortable truth: going green won’t be easy or quick.

Have a confidential tip for our reporters? Get in Touch

Before it’s here, it’s on the Bloomberg Terminal