Larry Fink, the boss of the world's largest asset manager, has written to company chief executives doubling down on a climate pledge he made last year, urging them “to confront the global threat of climate change more forcefully” following the Covid-19 pandemic.

In his annual letter to CEOs of the world's biggest companies, published on 26 January, Fink said: “I believe that the pandemic has presented such an existential crisis – such a stark reminder of our fragility – that it has driven us to confront the global threat of climate change more forcefully and to consider how, like the pandemic, it will alter our lives.