World’s Largest Money Manager Changes Course
Squawk Pod
CNBC
4.2 • 543 Ratings
🗓️ 14 January 2020
⏱️ 37 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | Bring in show music please. |
| 0:03.0 | This is Squawk Pod, the daily podcast brought to you by the team behind Squawk Box. |
| 0:08.0 | NYC, this is NBC Control 2. |
| 0:10.0 | See, NBC's essential morning show. |
| 0:12.0 | PCR2. Every day get the best stories, debate, and analysis. see The world's largest money manager making a fundamental change putting sustainability at the heart of its investment strategy |
| 0:27.0 | Black Rocks Larry Fink. |
| 0:28.4 | I truly believe the purposeful companies that I write about for the last few years are going to be |
| 0:33.8 | the companies that are focusing not only on their stakeholders but they're going |
| 0:37.7 | to be focusing on the long-term impact on climate change and how it impacts their |
| 0:41.8 | company. |
| 0:42.6 | Fink's annual letter to CEOs and his reflections on the future of finance. |
| 0:47.2 | Well, it was the hardest letter they were written, and I do believe I became more emotional as I wrote it. |
| 0:54.0 | Plus a candid discussion from Joe, Becky, and Andrew on the change. |
| 0:58.0 | I think there's a lot of companies that are spending a lot more time than we are talking about on this program that are talking about these issues, |
| 1:05.7 | not just talking about them spending real money that's hitting their bottom lines related |
| 1:10.3 | to these issues. |
| 1:11.3 | Today, a special podcast featuring a |
| 1:13.6 | c. NBC exclusive will bring you an extended interview with |
| 1:16.6 | Black Rock CEO Larry Fink including comments not seen on TV. I'm |
| 1:20.8 | see NBC producer Katie Kramer it Tuesday, January 14, 2020. Squack Pod begins right now. |
| 1:27.0 | Stand back to you by in three, two, one, fuel please. |
| 1:31.0 | Good morning everybody. Welcome to squawkbox here on |
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