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BlackRock CEO 'EXPOSED' ESG - Why LARRY FINK Doesn't Say 'ESG' Anymore! (SHOCKING CONFESSION) #esg
Larry Fink, the CEO of BlackRock, has made a SHOCKING CONFESSION regarding the term ESG (environmental, social, and corporate governance). Larry Fink has been a prominent advocate for ESG standards in recent years, but he has now decided to distance himself from the term due to its politicization. This move comes in response to criticisms from both the far left and the far right, who accuse BlackRock of not doing enough or engaging in what they perceive as "woke capitalism."
The increasing politicization of ESG is expected to intensify further as shareholders with conservative-leaning and far-left views push back against ESG measures. Shareholder votes have revealed the rejection of specific pro-ESG initiatives, including disclosure requirements on topics such as abortion rights. Meanwhile, consumers are becoming increasingly skeptical of companies' commitment to ESG, leading to a cultural shift in Hollywood and a demand for apolitical content.
What are your thoughts on the politicization of ESG? Do you believe companies like BlackRock should prioritize genuine commitment to ESG or focus solely on financial returns?
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