The next 1,000 unicorns will be sustainable companies: Larry Fink

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BlackRock's Larry Fink says the next 1,000 unicorns will be sustainable companies that make energy affordable — not more search engines or social-media titans

The US is beginning its transition to a green economy, and the CEO of a $10 trillion company said businesses need to play their part in fighting the climate crisis.on Monday, in which he highlighted the role capitalism plays in the economy now and in the future — and combatting the climate crisis is a big part of that.

The disruption Fink referred to is one that is not only on businesses' minds — President Joe Biden's administration has begun preparing for risks associated with the transition to a carbon-free economy. Insider reported in November that transitioning to a green economy

 

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