BlackRock CEO Larry Fink launches Center for Stakeholder Capitalism, says it’s not ‘woke’
Companies that embrace stakeholder capitalism will see the money, says the man who oversees $10 trillion in assets.
BlackRock CEO Larry Fink has published his annual open letter, always one of the business world’s must-read missives of the new year. This year’s letter focuses on the topic of stakeholder capitalism—the idea that corporations have not just a duty to their shareholders, but to everyone impacted by their products and policies.