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-f...d-desantis
https://notthebee.com/article/black-rock...-the-brand-
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-f...d-desantis
https://notthebee.com/article/black-rock...-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.
And if you will confess with your mouth our Lord Yeshua, and you will believe in your heart that God has raised him from the dead, you shall have life.