Net Zero is important, but not all paths to that goal are created equally

Companies across the world have been asked to disclose their business plans to reach net zero by the world’s largest asset managerThe simplest way to reach this target – negative emissions – is also the most likely to be overwhelmed by the demands of companies that haven’t found other ways to bring down emissionsFinancial institutions can find opportunity if they provide ESG-linked and transition financing to deliver other ways to reduce emissions, which brings more value than just money for companies struggling to meet investor expectations around net zero

BlackRock Chairman and CEO Larry Fink’s latest letter to CEOs has brought renewed attention to the importance of addressing climate-related financial risks. The world’s largest asset manag...