BlackRock CEO 'Larry Fink' on ESG Scores: "At BlackRock We Are Forcing Behaviors!" 👿💼

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2 years ago
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BlackRock Larry Fink ESG ESG Scores Environmental Social and Governance Woke BudLight Target LGBT LGBTQ LGBTQIA

If you ever wondered why so many companies are trying to outdo on another by going Woke, then doubling down by continuing to push Far-Left Agendas despite Boycotts and losing Billions of $ in sales, here you go... straight from the horse's mouth.

BlackRock manages approx. $9T in assets, owning enormous amounts of these companies stock, so they basically own the companies themselves. If the company wont push the agenda, they lose ESG Score points, which means BlackRock can decide to destroy the company by being the largest shareholder.

Losing Billions in sales may suck, but losing the entire company is far worse, and BlackRock wields that power over them.

READ MORE: https://www.investopedia.com/terms/e/environmental-social-and-governance-esg-criteria.asp

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