World's largest asset manager BlackRock to exit investments that present ‘high’ sustainability risk

BlackRock will make environmental sustainability a key part of investment decisions going forward, CEO Larry Fink says. The asset manager will exit investments that "present a high sustainability-related risk," while introducing funds that avoid fossil fuels, Fink wrote in an annual letter.

The Block (1/14),  The Wall Street Journal (tiered subscription model) (1/14),  Bloomberg (tiered subscription model) (1/14),  Financial Times (subscription required) (1/14)