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BlackRock CEO dropping the term "ESG" because leaders have killed the brand - Printable Version

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BlackRock CEO dropping the term "ESG" because leaders have killed the brand - Infolurker - 06-27-2023

A small victory against the Globalist but a short one as they will "rebrand" ESG and call it something like "conscious capitalism"


ESG rebranding (to "conscientious capitalism") underway. Pat yourselves on the back for making some progress.

PS: Larry Fink hates this attention, so keep it on him.


BlackRock CEO Larry Fink says that he's dropping the term "ESG" because leaders like Ron DeSantis have killed the brand

https://www.axios.com/2023/06/26/larry-fink-ashamed-esg-weaponized-desantis

https://notthebee.com/article/black-rock-ceo-larry-fink-says-that-hes-dropping-the-term-esg-because-ron-desantis-has-killed-the-brand-


Quote:Larry Fink (yes, his real name is Fink) is the CEO of BlackRock investing and he has even recently admitted that his ESG plot is designed to force corporations to adopt woke leftist policies against their will.


He's changing the ESG branding because, according to him, it's been made political:


BlackRock CEO Larry Fink said he's no longer using the term "ESG" (environment, social and governance) because it is being politically "weaponized" and he's "ashamed" to be part of the debate on the issue.

Yes, the dude who wants to force companies to follow the woke cult or suffer thinks that the opposition to ESG has been weaponized.


Showing that turnabout is fair play, Florida under Ron DeSantis has led the pushback against ESG on a political level, explicitly making it law in Florida that state investments would NOT invest in companies like BlackRock and VanGuard that use ESG.

DeSantis also pulled $2 billion out of BlackRock investments in the state of Florida. His political actions have spearheaded the movement that is killing the ESG brand.





RE: BlackRock CEO dropping the term "ESG" because leaders have killed the brand - xuenchen - 06-27-2023

Clever exit strategy. Blame politicization to divert away from the original intent of politicization.

Setup some blame-goating for campaign points and future investment losses.

And today, The E.U. Central Bank blamed climate change for inflation.

The Marxist-Leftist-NWO always has "PlanB" ready  Cool 

Create enough questionable confusion to keep regular people scratching their heads  Cool 

And of course, make new slogans and labels sound "educated" enough to keep the pseudo-intellectuals thinking they are smarter and qualified to decide for everybody else what's best  Cool


RE: BlackRock CEO dropping the term "ESG" because leaders have killed the brand - Ninurta - 06-27-2023

I believe in truth in advertising, and truth in branding. Therefore, I suggest they rename it "Diversity, Inclusion, Equity" or "DIE" That's truth in advertising right there!

.


RE: BlackRock CEO dropping the term "ESG" because leaders have killed the brand - Infolurker - 06-27-2023

(06-27-2023, 08:30 PM)Ninurta Wrote: I believe in truth in advertising, and truth in branding. Therefore, I suggest they rename it "Diversity, Inclusion, Equity" or "DIE" That's truth in advertising right there!

.

Oh hell, that is a good one.... I am going to use that!


RE: BlackRock CEO dropping the term "ESG" because leaders have killed the brand - dbcowboy - 06-27-2023

(06-27-2023, 12:06 AM)Infolurker Wrote: A small victory against the Globalist but a short one as they will "rebrand" ESG and call it something like "conscious capitalism"


ESG rebranding (to "conscientious capitalism") underway. Pat yourselves on the back for making some progress.

PS: Larry Fink hates this attention, so keep it on him.


BlackRock CEO Larry Fink says that he's dropping the term "ESG" because leaders like Ron DeSantis have killed the brand

https://www.axios.com/2023/06/26/larry-fink-ashamed-esg-weaponized-desantis

https://notthebee.com/article/black-rock-ceo-larry-fink-says-that-hes-dropping-the-term-esg-because-ron-desantis-has-killed-the-brand-


Quote:Larry Fink (yes, his real name is Fink) is the CEO of BlackRock investing and he has even recently admitted that his ESG plot is designed to force corporations to adopt woke leftist policies against their will.


He's changing the ESG branding because, according to him, it's been made political:


BlackRock CEO Larry Fink said he's no longer using the term "ESG" (environment, social and governance) because it is being politically "weaponized" and he's "ashamed" to be part of the debate on the issue.

Yes, the dude who wants to force companies to follow the woke cult or suffer thinks that the opposition to ESG has been weaponized.


Showing that turnabout is fair play, Florida under Ron DeSantis has led the pushback against ESG on a political level, explicitly making it law in Florida that state investments would NOT invest in companies like BlackRock and VanGuard that use ESG.

DeSantis also pulled $2 billion out of BlackRock investments in the state of Florida. His political actions have spearheaded the movement that is killing the ESG brand.




I love the rebranding of names and terms.

It's like stealing is now "reallocation of pre-existing rescources".

Big Grin