Larry Fink's 2021 letter to CEOs
Companies, investors, and governments focus on the global goal of net zero emissions by 2050, an economic transformation is accelerating.
BlackRock
The impact of climate change poses not only environmental risk but investment risk.
This year, we’ve taken steps globally to mitigate those risks and help the world transition to net zero including:
The BlackRock Foundation is giving $100 million to the Breakthrough Energy Catalyst program to fund innovation in clean energy and combat climate change.
We’re building partnerships with companies that can accelerate the transition.
We’re helping developing countries build green energy infrastructure, and putting our clients’ money to work in renewable power sources.
The transition to a net zero world is the shared responsibility of every citizen, corporation and government. We all have a role to play.
To learn more about how we’re advancing sustainability, visit blackrock.com/sustainability
Creating a sustainable future is our shared responsibility – every citizen, company and government working together. That's why BlackRock is helping to fund clean energy technology through our Foundation and partnering with companies that can accelerate the transition to net zero.
Federico Moncaleano
Head of Offshore Wealth
Hello and welcome from BlackRock’s US Offshore Business, headquartered in Miami. Our team has a presence in Miami, New York and Texas, and we focus on serving the offshore investor community across the United States.
In January 2020, we published a letter setting out our ambitions for BlackRock to play a leadership role as a sustainable investor for our clients, on whose behalf we invest. I am delighted to say that, since then, we have delivered some good progress.
Just a few of the highlights include that, today, all of our active and advisory strategies are ESG integrated – covering US$2.7 trillion in assets.
We introduced 93 new sustainable solutions in 2020, helping clients allocate billions of dollars to sustainable investment strategies over the year,
and we have added 1,200 sustainability metrics to our technology platform to help clients better understand ESG and physical climate risks.
Now, in 2021, we are pushing ahead once again. We have announced a set of actions that we are taking to help move our clients’ portfolios – and the global economy – towards the crucial target of net zero carbon emissions by 2050.
The net zero transition is an imperative for society and for the planet, and it will reshape the global economy, offering a number of exciting investment opportunities. This is an exciting moment for all of us.
Whether you are an existing or prospective client, a possible or future colleague, a business partner, or just an interested member of society, welcome to BlackRock.
Investing sustainably for our clients
Watch Federico Moncaleano, Head of Offshore Wealth, share the progress that BlackRock is making to help our clients invest in a better, more sustainable future.
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In Latin America, for institutional investors and financial intermediaries only (not for public distribution). This material is for educational purposes only and does not constitute investment advice or an offer or solicitation to sell or a solicitation of an offer to buy any shares of any fund or security and it is your responsibility to inform yourself of, and to observe, all applicable laws and regulations of your relevant jurisdiction. If any funds are mentioned or inferred in this material, such funds may not been registered with the securities regulators of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus, may not be publicly offered in any such countries. The securities regulators of any country within Latin America have not confirmed the accuracy of any information contained herein. No information discussed herein can be provided to the general public in Latin America. The contents of this material are strictly confidential and must not be passed to any third party. In Argentina, only for use with Qualified Investors under the definition as set by the Comisión Nacional de Valores (CNV). In Brazil, this private offer does not constitute a public offer, and is not registered with the Brazilian Securities and Exchange Commission, for use only with professional investors as such term is defined by the Comissão de Valores Mobiliários. In Colombia, the sale of each fund discussed herein, if any, is addressed to less than one hundred specifically identified investors, and such fund may not be promoted or marketed in Colombia or to Colombian residents unless such promotion and marketing is made in compliance with Decree 2555 of 2010 and other applicable rules and regulations related to the promotion of foreign financial and/or securities related products or services in Colombia. In Chile, the sale of each fund not registered with the CMF began on the date as indicated for such fund as described herein and the sale of such securities is subject to General Rule No. 336 issued by the SVS (now the CMF). The subject matter of this sale may include securities not registered with the CMF; therefore, such securities are not subject to the supervision of the CMF. Since the securities are not registered in Chile, there is no obligation of the issuer to make publicly available information about the securities in Chile. The securities shall not be subject to public offering in Chile unless registered with the relevant registry of the CMF. In Peru, this private offer does not constitute a public offer, and is not registered with the Securities Market Public Registry of the Peruvian Securities Market Commission, for use only with institutional investors as such term is defined by the Superintendencia de Banca, Seguros y AFP. In Uruguay, the Securities are not and will not be registered with the Central Bank of Uruguay. The Securities are not and will not be offered publicly in or from Uruguay and are not and will not be traded on any Uruguayan stock exchange. This offer has not been and will not be announced to the public and offering materials will not be made available to the general public except in circumstances which do not constitute a public offering of securities in Uruguay, in compliance with the requirements of the Uruguayan Securities Market Law (Law Nº 18.627 and Decree 322/011).
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