'Stakeholder capitalism is not about politics. It is not a social or ideological agenda. It is not 'woke,'' Fink said.
BlackRock CEO Larry Fink on Monday pushed back against accusations the asset manager was using its heft and influence to support a politically correct agenda.
Fink's annual missive to CEOs outlines the priorities that he sees as crucial to helping BlackRock's clients achieve "durable" long-term returns and reach their goals. "Stakeholder capitalism is not about politics. It is not a social or ideological agenda. It is not 'woke,'" Fink said.
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