Corporations struggle on climate goals amid backlash over ‘woke capitalism,’ experts say
Corporate America took notice four years ago when Larry Fink, CEO of investment giant BlackRock, declared climate change a top concern. “Climate risk is investment risk,” Fink wrote in an annual letter popular in C-suites.His latest letter, released last month, spans well over 100 paragraphs before the first mention of “climate.” Whereas Fink mentioned “climate” a total of 29 times in the 2020 letter, he wrote it just four times […]