Larry Fink calls for longer term thinking and governance

18 Jan 2018 3:46 PM | Mary Adams (Administrator)

It has become a tradition in recent years for Larry Fink CEO of the world's largest investor, BlackRock, to write an open letter to CEO's. This year, the firm took the extra step of posting the letter on its website. 

While the letter does not specifically address integrated reporting, he uses similar language to our movement including statements such as:

  • "You publicly articulate your company’s strategic framework for long-term value creation and explicitly affirm that it has been reviewed by your board of directors"
  • "Your company’s strategy must articulate a path to achieve financial performance. To sustain that performance, however, you must also understand the societal impact of your business as well as the ways that broad, structural trends"
  • "A company’s ability to manage environmental, social, and governance matters demonstrates the leadership and good governance that is so essential to sustainable growth, which is why we are increasingly integrating these issues into our investment process"

Read the full text of the letter

Powered by Wild Apricot Membership Software