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Sustainability Matters

Larry Fink: Sustainable Investing Is About Profits, Not Taking a Stand

Fink weighs in against divesting from energy stocks, touts new proxy-voting plans.

In recent years, the annual letter to CEOs from influential BlackRock chief executive Larry Fink has become closely watched for Fink's views on sustainable investing. With BlackRock now managing roughly $10 trillion on behalf of investors around the world, Fink’s advocacy of sustainable investing has had broad ripples.