Published 1 year ago

BlackRock CEO Scales Back Emphasis On Climate Investing: ‘Not … The Environmental Police’

Summary by Ground News

CEO Larry Fink of investing titan BlackRock put reduced emphasis on climate and other environmental, social and governance (ESG) goals in an annual letter to the company’s investors and stakeholders Wednesday, amid Republican criticism of his firm’s investing strategy.

0 Articles

All

Left

Center

Right

Washington Times

BlackRock cools ESG tone amid blowback but defends climate investing strategy

BlackRock is walking a fine line in what has become one of the most hot-button culture war issues that red America calls woke capitalism.

1 year ago·United States

Read Full Article

CNBC

Larry Fink: BlackRock is not the 'environmental police'

In his annual letter, CEO Larry Fink said BlackRock's recognition of the import of climate risk on finance does not make the company a political chess piece.

1 year ago·United States

Read Full Article

Washington Examiner

BlackRock’s Larry Fink omits 'ESG' from annual letter after recent GOP blowback

BlackRock CEO Larry Fink's much-anticipated annual letter deemphasized talk about the climate and said that companies aren't “the environmental police," a notable shift from the tone in recent years that has made him a top target of conservatives.

1 year ago·Washington, United States

Read Full Article

The Daily Caller

BlackRock CEO Scales Back Emphasis On Climate Investing: ‘Not … The Environmental Police’

CEO Larry Fink of investing titan BlackRock put reduced emphasis on ESG goals in an annual letter to the company's stakeholders Wednesday, amid GOP criticism.

1 year ago·Washington, United States

Read Full Article

The Epoch Times

Climate Is Important, but Oil Is ‘Vital,’ Admits BlackRock CEO: We’re Not ‘Environmental Police’

BlackRock CEO Larry Fink admitted in 2023 annual letter to investors that oil and gas are “vital” to global energy demand—a shift from his earlier stance promoting a climate change agenda which focused on progressive values that denounce fossil-based fuels.

1 year ago·New York, United States

Read Full Article

Axios

BlackRock CEO Larry Fink walks tightrope on climate investing

This year’s chairman’s letter from BlackRock CEO Larry Fink, published Wednesday, gives less emphasis to climate risk and environmental, social and governance investments than past letters — but doesn't play down the substance.

1 year ago·Washington, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.