Finding the Value in Environmental, Social, and Governance Performance
The CEO of BlackRock, that manages $6.3 trillion in assets, sent a warning letter to CEOs. "Society is demanding that companies, both public and private, serve a social purpose", Fink wrote.
"Companies must ask themselves: What role do we play in the community? How are we managing our impact on the environment? Are we working to create a diverse workforce? Are we adapting to technological change? Are we providing the retraining and opportunities that our employees and our business will need to adjust to an increasingly automated world?”