Blackrock has been slammed for its lacklustre response to the Ukraine crisis.
Chief executive Larry Fink has not yet put out a statement about Russia’s invasion and it has done little to condemn the violence Vladimir Putin is wreaking.
In his annual letter to bosses in January, Fink defended his focus on the environment, sustainability and other social issues and said firms must ‘create value for and be valued by’ society as well as investors.
