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BlackRock CEO Larry Fink is focusing on goals other than "ESG"

Business,ESG,Environment,Social Justice,Justice,Banking And Finance

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Analysis

Keen readers of Blackrock CEO Larry Fink’s annual letters will be familiar with how he’s been arguing that purpose begets profit, and such purpose is defined by environmental, social, and governance (ESG) considerations. But ESG, the acronym that appeared four times in his 2021 letter to CEOs of the companies part of BlackRock’s $9.1 trillion portfolio, no longer works for Fink.

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