Larry Fink on How the Covid-19 Crisis Impacts BlackRock, Markets

“While this report focuses on climate-related issues,
our investment stewardship approach to sustainability
is much broader. It encompasses other environmental
issues, such as sustainable practices in agribusiness.
Our stewardship also includes topics that have been central
to many companies’ license to operate, particularly over
the past few months, such as human capital management
and diversity and inclusion. The COVID-19 crisis, and
more recently the protests surrounding racial injustice
in the United States and elsewhere, have underscored the
importance of these issues and a company’s commitment
to serving all of its stakeholders.”

Source: https://www.blackrock.com/corporate/literature/publication/our-commitment-to-sustainability-exec-summary-en.pdf

Its now on the record, the “REAL” cover story behind COVID-19.

Larry Fink, Chairman and CEO of BlackRock explains how BlackRock’s investment decisions are based on a company’s acceptance and compliance to environmental sustainability, which now includes health risks, i.e., COVID-19. He says, “Sustainability and climate change is a physical risk, and now we see health [COVID-19] as a investment risk too.”

He is openly admits to using climate change [which is an unproven phenomenon] and now COVID-19, [another unproven phenomenon] to shape and influence BlackRock’s investments.

The bottom line here: they, [governmental agencies] will achieve their goals [control over free inhabitants] through the use of BlackRock implementing investment matrixes that directly influence corporate compliance to this agenda, and indirectly the public at large [their employees].

Watch here.

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