BlackRock's Larry Fink is focusing on goals other than ESG
Fink said the ESG debate has been “misused” by both conservatives and liberals
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Fink said the ESG debate has been “misused” by both conservatives and liberals
Many companies put ESG goals, from environment to diversity, in executive bonus structure, and the pay incentive is extending to more employees.
Many companies put ESG goals, from environment to diversity, in executive bonus structure, and the pay incentive is extending to more employees.
Many companies put ESG goals, from environment to diversity, in executive bonus structure, and the pay incentive is extending to more employees.
By Donald Jeffries BlackRock is the world’s largest asset manager, with $6.3 trillion of individual investments under its control. It has been dubbed by some as “the new Goldman Sachs.” Since 2004, BlackRock has hired a large number of former government officials and powerful bankers, leading to obvious potential conflicts of interest. CEO Larry Fink has ties to both Hillary Clinton and Donald Trump. Former BlackRock executive Craig Phillips, now a Treasury Department official, has been leading the efforts to keep the investment fund’s trillions outside of Dodd-Frank regulations. Blac...