Wall Street Journal, Financial Times, CNN Business, Fortune, all admit ESG is on the way out. Born in sanctimony, nurtured with hypocrisy and sold with sophistry, ESG grew unchallenged for a decade, but it is now facing a mountain of troubles, almost all of them of its own making.
In a podcast interview with Wall Street Journal editor-at-large Gerry Baker, BlackRock Chairman/CEO Larry Fink denied he ever imposed environmental, social and governance (ESG) demands on companies where his firm is invested — which is every public company you can think of.
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