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Anti-ESG Movement Gains Momentum

Started by Epoch-Times-Bot, Oct 04, 2022, 09:45 AM

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Epoch-Times-Bot

Oct 04, 2022, 09:45 AM
Anti-ESG Movement Gains Momentum

News Analysis
Only a few years after declaring that “climate risk is investment risk” and mandating corporations to meet certain environmental standards, Larry Fink, chairman and CEO of BlackRock, is facing a growing resistance. Even the most ardent champions of sustainable investing are experiencing a rude awakening.
Fink, who leads the world's largest asset management firm, announced in his 2020 letter to clients that he would place sustainability at the center of his investment strategy and reduce investment in fossil fuels.
Last month, Fink spoke about his company’s role in the green-energy transition at a Clinton Global Initiative event, which garnered him praises from former President Bill Clinton....

Source: Anti-ESG Movement Gains Momentum

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