Larry Fink, BlackRock’s Chairman, in his “Letter to CEOs. 2021”

Larry Fink, BlackRock’s Chairman, in his “Letter to CEOs. 2021” said that companies without a “net zero emission by 2050” strategy will be excluded from Blackrock's active mandate portfolios.

BlackRock is the world's largest asset manager, with AUM $8.67 trillion as of January 2021.