{"id":1957682,"date":"2023-06-26T20:23:02","date_gmt":"2023-06-27T00:23:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackrock-ceo-says-hes-ashamed-of-his-role-in-woke-esg-push-quickly-tries-to-backtrack\/"},"modified":"2023-06-26T20:24:56","modified_gmt":"2023-06-27T00:24:56","slug":"blackrock-ceo-says-hes-ashamed-of-his-role-in-woke-esg-push-quickly-tries-to-backtrack","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackrock-ceo-says-hes-ashamed-of-his-role-in-woke-esg-push-quickly-tries-to-backtrack\/","title":{"rendered":"BlackRock CEO regrets involvement in Woke ESG push, attempts to backtrack."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fblackrock-ceo-says-hes-ashamed-of-his-role-in-woke-esg-push-quickly-tries-to-backtrack%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1957682&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The CEO of BlackRock Backtracks on Support for Left-Wing ESG Movement<\/h2>\n<p>The CEO of one of the most profitable large corporations in the United States is backing off of his support of the left-wing ESG (Environmental and Social Governance) movement.<\/p>\n<p>BlackRock CEO Larry Fink claimed that the term had been \u201cweaponized\u201d in a talk at Aspen Ideas Forum on Sunday, according to <a href=\"https:\/\/www.axios.com\/2023\/06\/26\/larry-fink-ashamed-esg-weaponized-desantis\" target=\"_blank\" rel=\"noopener\">Axios<\/a>.<\/p>\n<p><a href=\"https:\/\/www.westernjournal.com\/blackrock-ceo-audience-evil-things-company\/\" target=\"_blank\" rel=\"noopener\">Fink<\/a> went on to admit that he was \u201cashamed\u201d to be associated with the left-wing corporate movement.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BlackRock CEO Larry Fink admits DeSantis hurt his company when he pulled $2 billion in assets from the firm, and basically says he\u2019s been bullied by DeSantis into being \u201cashamed\u201d to be part of ESG political debate because the term has a negative connotation now. Amazing.\u2026 <a href=\"https:\/\/t.co\/MDWbBM0R4l\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/MDWbBM0R4l<\/a><\/p>\n<p>\u2014 Pedro L. Gonzalez (@emeriticus) <a href=\"https:\/\/twitter.com\/emeriticus\/status\/1673165442397995008?\" target=\"_blank\" rel=\"noopener\">June 26, 2023<\/a><\/p>\n<\/blockquote>\n<p>In a bizarre twist, Fink went on to deny his own words subsequently in the Aspen Ideas talk.<\/p>\n<p>\u201cI never said I was ashamed.\u201d<\/p>\n<p>\u201cI\u2019m not ashamed. I do believe in conscientious capitalism.\u201d<\/p>\n<p>\u201cI\u2019m not going to use the word ESG because it\u2019s been misused by the far left and the far right,\u201d he said.<\/p>\n<p>Fink has previously spoken in support of nominally private companies \u201cforcing behaviors\u201d as a social tactic.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">REMINDER: <a href=\"https:\/\/twitter.com\/BlackRock?\" target=\"_blank\" rel=\"noopener\">@BlackRock<\/a> CEO Larry Fink accidentally said the quiet part out loud, explaining the whole goal of ESG:<\/p>\n<p>\u201cYou have to force behaviors and, at BlackRock, we\u2019re forcing behaviors.\u201d<a href=\"https:\/\/t.co\/zN61KAImZC\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/zN61KAImZC<\/a><\/p>\n<p>\u2014 Consumers\u2019 Research (@ConsumersFirst) <a href=\"https:\/\/twitter.com\/ConsumersFirst\/status\/1669691390731722756?\" target=\"_blank\" rel=\"noopener\">June 16, 2023<\/a><\/p>\n<\/blockquote>\n<p>The ESG movement grades and sorts private businesses on the basis of their commitment to left-wing environmental ideology.<\/p>\n<p>The metrics of the movement have been criticized \u2014 with Tesla CEO Elon Musk objecting to the S&#038;P\u2019s Global ESG rankings scoring his electric vehicle company lower than <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/liberal-dark-money-network-is-behind-grassroots-support-for-dem-climate-bill\/\" title=\"Liberal Dark Money Network Is Behind \u2018Grassroots\u2019 Support for Dem Climate Bill\">fossil fuel companies<\/a> and even cigarette producers, according to the <a href=\"https:\/\/www.dailymail.co.uk\/news\/article-12194317\/Elon-Musk-slams-S-P-Global-ESG-scores-giving-Malboro-HIGHER-investment-rating-Tesla.html\" target=\"_blank\" rel=\"noopener\">Daily Mail<\/a>.<\/p>\n<h3>Does BlackRock have too much influence?<\/h3>\n<div id=\"firefly-poll-container\" class=\"one-half\">\n<div class=\"firefly-poll-question\">Does BlackRock have too much influence?<\/div>\n<div id=\"pollFormBox\" style=\"display: none\">\n\t\t<label>Yes<\/label><br \/>\n\t\t<label>No<\/label><br \/>\n\t\t<\/p>\n<div class=\"firefly-poll-disclaimer\">\n\t\tCompleting this poll entitles you to The Western Journal news updates free of charge. You may opt out at anytime. You also agree to our <a href=\"https:\/\/www.westernjournal.com\/about\/privacy-policy\/\">Privacy Policy<\/a> and <a href=\"https:\/\/www.westernjournal.com\/about\/terms-service\/\">Terms of Use<\/a>.\t\t<\/div>\n<\/p><\/div>\n<div id=\"firefly-poll-results\" style=\"display: none\">\n<div id=\"firefly-poll-results-yes\" style=\"width: 100%\">\n\t\t\tYes: 100% (3 Votes)\n\t\t<\/div>\n<div id=\"firefly-poll-results-no\" style=\"width: 0%\">\n\t\t\tNo: 0% (0 Votes)\n\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<p>BlackRock\u2019s affiliation with the ESG movement has spurred disinvestment from the U.S. states of Florida, <a href=\"https:\/\/www.westernjournal.com\/west-virginia-becomes-first-nation-stand-woke-wall-street-cut-contracts-already-total-18-billion\/\" target=\"_blank\" rel=\"noopener\">West Virginia<\/a> and Texas.<\/p>\n<p>BlackRock has been criticized for funding the corporate acquisition of an increasing share of the market for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/psaki-says-rising-housing-prices-are-actually-good-for-some-families-economic-recovery-will-produce-some-bumps\/\" title=\"Psaki Says Rising Housing Prices Are Actually Good For Some Families, Economic Recovery Will \u2018Produce Some Bumps\u2019\">single-family homes<\/a> in the United States, according to <a href=\"https:\/\/www.foxnews.com\/media\/blackrock-investment-firms-killing-dream-home-ownership\" target=\"_blank\" rel=\"noopener\">Fox News<\/a>.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/blackrock-ceo-says-ashamed-role-woke-esg-push-quickly-tries-backtrack\/\">BlackRock CEO Says He&#8217;s &#8216;Ashamed&#8217; of His Role in Woke ESG Push, Quickly Tries to Backtrack<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The Western Journal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>to explain that the ESG movement has become overly politicized and is being used as a tool for advancing personal agendas. He emphasized the need for a more balanced approach that focuses on long-term sustainability and profitability. Fink&#8217;s change in stance reflects growing concerns about the misuse and manipulation of ESG principles in corporate decision-making.<\/p>\n","protected":false},"author":666,"featured_media":1957683,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-1957682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1957682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/666"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1957682"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1957682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1957683"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1957682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1957682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1957682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}