As February turns to March, the finance world is waiting with bated breath for one of its most dubious annual traditions: The Larry Fink Annual Letter to CEOs. Since 2012, when the BlackRock chief executive wrote his first letter, the …
The phoney ethics of ESG
This year at Davos, three letters were on the tip of every person’s tongue, perhaps the only acronym uttered with equal joy by Greta Thunberg and billionaire and BlackRock CEO, Larry Fink. They are ESG, or “Environment, Social and Governance”. …