BlackRock’s Fink Says Investors Shifting to ESG-Focused Firms

The transcript discusses the role of ESG (Environmental, Social, and Governance) factors in modern business, emphasizing stakeholder capitalism. It explores evidence that companies focusing on ESG tend to perform better and attract more capital. The conversation highlights the evolving purpose of companies beyond mere profitability, considering broader impacts on clients, employees, and communities. BlackRock's efforts in aligning with ESG principles, including transparency and diversity improvements, are also detailed.

What is the conventional wisdom regarding ESG factors and company performance?

How does stakeholder capitalism relate to the obligations of a CEO?

What evidence is there to support the idea that companies focusing on ESG factors perform better?

What challenges do companies face in maintaining their commitments to ESG and stakeholder capitalism?

In what ways is BlackRock evolving its practices regarding diversity and ESG metrics?