Blackrock CEO Backtracks On ESG

Blackrock CEO Backtracks On ESG

When I think of the leader in ESG investment, I think of Blackrock. …

This is just my own opinion, but the firm has done its fair share of pushing ESG scores and ESG investing over the years.

It is surprising and ironic then that Larry Fink, the CEO of Blackrock capital management is backtracking when it comes to ESG investing. …

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I guess the current banking meltdown has them spooked and they cannot afford these silly woke luxuries—even Blackrock has to worry about the bottom line eventually.

Twitter users lambasted Fink:

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Has Larry Fink come to his senses as he rolls back on ESG.

— Rambles of Ronnie

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