In today’s CEO Daily: Fortune‘s executive editorial director for Europe Kamal Ahmed reports on why U.S. CEOs are backing King Charles III’s Sustainable Markets Initiative.

The big leadership story: BlackRock pours $100 million into solving the tradespeople shortage.

The markets: In the red globally as oil prices jump again

Plus: All the news and watercooler chat from Fortune.

Good morning. Earlier this week, I journeyed to the 16th century Great Hall of Henry VIII’s home—Hampton Court Palace near London. But the talk filling these halls wasn’t of the past, it was about the future. Brian Moynihan, the chief executive of Bank of America, Ron O’Hanley, the chief executive of State Street, and Janet Truncale, the chief executive of EY, were here to promote private sector efforts to drive the energy transition and climate sustainability. Donald Trump might want to look away.