The Netherlands’ PFZW pension fund just pulled €14 billion from BlackRock, saying it can no longer align with the US asset management firm’s evolving stance on “sustainability.” Instead, PFZW is moving to a more selective, ESG-focused (environmental,...
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Blackrock was one of the pioneers of ESG investing, so its recent abandonment of “woke” policies is the biggest sign yet that the vibe has shifted against...
Business Insider reports that BlackRock Chairman/CEO Larry Fink is indifferent about the outcome of the U.S. election in a couple weeks: “I’m tired of hearing...
As has been increasingly reported lately, the term “ESG” (which stands for Environmental, Social and Governance) has suffered such an image turnaround from just...
Wall Street will play a key role at COP28, the annual summit on climate change convened by the United Nations. Chief among them is BlackRock CEO Larry Fink. He is the...