Corporations Are Changing. Exhibit No. 1: Larry Fink's Letter
Sustainable investing is the means to achieve "stakeholder capitalism" and achieve competitive investment results.
If you had any previous doubt that the role of the corporation in society is changing, take a look at BlackRock chair Larry Fink's annual letter to CEOs, released this week. In it, the leader of the world's largest asset manager makes a succinct case for stakeholder capitalism: