ESG, once obscure, faces backlash. BlackRock’s CEO abandons the term amid rising criticism.

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ESG was exposed to all and I many are now running from it.
We weren't supposed to understand what they were doing, but it became known and how stupid it was.

BlackRock CEO Larry Fink said he no longer uses the term "ESG" — shorthand for environmental, social and governance — due…

— floridanow1 (@floridanow1) December 15, 2023

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