WSJ: BlackRock CEO to Companies: Pay Attention To ‘Societal Impact’

While ESG funds are being raised at a rapid pace, they represent a very small percentage of stocks and therefore their influence on management teams is questionable. However, BlackRock is one of the largest investors in stocks through its passive iShares index platform, which heretofore had itself taken a largely passive stance with regards to socially responsible investing. That may now be changing.

Read the full article in The Wall Street Journal

Read Larry Fink’s letter