Revealed: the huge cost of New Zealand’s workplace bullying and harassment
The cost of bullying and harassment to NZ employers is around $1.5 billion a year according to a damning new report.
In his annual letter to CEOs around the world, Larry Fink (chair and CEO of the world’s largest investment company, BlackRock) says that climate change will cause a transformational reallocation of capital towards sustainable investments and would bring about a fundamental reshaping of finance – ultimately helping achieve a more sustainable and inclusive capitalism for greater longer-term prosperity.
Key points in Fink’s letter include:
Fink concludes that the climate crisis is fundamentally different to the various financial crises and challenges of the past 50 years and that ‘companies, investors and governments must prepare for a significant reallocation of capital’ including in response to the increasing demands of the next generation for more transparency and action in order to achieve a more sustainable and inclusive capitalism.
Larry Fink’s letter is available at blackrock.com