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Larry Fink’s 2022 Letter to CEOs

Larry Fink’s 2022 Letter to CEOs

Larry Fink’s 2022 Letter to CEOs: The Power of Capitalism

“Every company and every industry will be transformed by the transition to a net zero world. The question is, will you lead, or will you be led?”

Key takeaways:

  • Employees everywhere are searching for more meaningful and flexible work. Additionally, the pandemic brought issues such as racial equity, mental health, and childcare to the forefront. Companies that listen and respond to their employees can better retain talent and avoid the financial, emotional, and organizational costs of high turnover.
  • Decarbonizing the global economy presents an incredible opportunity for disruption and innovation within all sectors. Organizations, cities, and countries that lack plans for the net zero transition risk being left behind.  
  • Businesses can’t facilitate this transition alone. Strong guidance is needed from government, including: sustainability policy and regulation, climate-related market disclosures, support for affected communities, and investment in decarbonization technologies at scale.

“Putting your company’s purpose at the foundation of your relationships with your stakeholders is critical to long-term success. Employees need to understand and connect with your purpose; and when they do, they can be your staunchest advocates. Customers want to see and hear what you stand for as they increasingly look to do business with companies that share their values. And shareholders need to understand the guiding principle driving your vision and mission. They will be more likely to support you in difficult moments if they have a clear understanding of your strategy and what is behind it.”

Read the entire piece from Larry Fink here.

Sustainability Spotlight: Tony’s Coffee

Sustainability Spotlight: Tony’s Coffee

How did sustainability start for Tony’s? Our sustainability journey can be traced back to 2002, when we began sourcing Organic, Fair Trade, Shade Grown coffee. Since then, we moved to 100% green power, doubled our roasting efficiency, offset our roastery’s carbon footprint, and continue to support causes that we care about. Our commitment to sourcing…

Sustainability Spotlight: Aslan Brewing Company

Sustainability Spotlight: Aslan Brewing Company

Aslan Brewing Company, a member of Sustainable Connections, is based in Bellingham, WA and was founded in 2012. From the beginning, every decision the Aslan founders made was through the lens of sustainability. When Aslan opened its brewpub doors in May of 2014, team members focused on crafting world-class beer with local ingredients and low-impact…

Sustainability Spotlight: Brio Laundry and Cleaners

Sustainability Spotlight: Brio Laundry and Cleaners

Buckminster Fuller once said, “In order to change an existing paradigm you do not struggle to try and change the problematic model. You create a new model and make the old one obsolete. That, in essence, is the higher service to which we are all being called.” Colleen Unema combined her educator mindset with a…

California testing solar-paneled canals

California testing solar-paneled canals

The Turlock Irrigation District approved a pilot project testing the construction of solar panels over canals in the San Joaquin Valley. Key takeaways: The decision was based on research demonstrating that covering the 4,000 miles of California’s water canals with solar panels could reduce evaporation by as much as 82%, saving up to 63 billion…

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