Skip to main content
We may receive compensation from affiliate partners for some links on this site. Read our full Disclosure here.

Blackrock CEO Backtracks On ESG


When I think of the leader in ESG investment, I think of Blackrock. …

This is just my own opinion, but the firm has done its fair share of pushing ESG scores and ESG investing over the years.

It is surprising and ironic then that Larry Fink, the CEO of Blackrock capital management is backtracking when it comes to ESG investing. …

I guess the current banking meltdown has them spooked and they cannot afford these silly woke luxuries—even Blackrock has to worry about the bottom line eventually.

Twitter users lambasted Fink:

Daily Caller provided this quote from Fink:

“At BlackRock we use data and analytics to help our clients understand how the energy transition is evolving and give them choices about how they would like to invest in emerging opportunities.

Better data is essential,” Fink said in the letter. “But as I have said consistently over many years now, it is for governments to make policy and enact legislation, and not for companies, including asset managers, to be the environmental police.”


Breitbart adds:

Throughout the last year, state treasurers have focused on educating Americans on the dangers of ESG policies. They have blacklisted numerous asset managers who push ESG rules in investing, such as BlackRock.

In fact, multiple states have pulled out billions of dollars of state pension funds from asset managers who push such investing strategies.


Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Hey, Noah here!

Wondering where we went?

Read this and bookmark our new site!

See you over there!

Thanks for sharing!