It is not clear that Fink and the other asset managers or those big companies are actually going to be abandoning the rationale behind ESG. So will they actually just continue the practice or is it just going to go on under a different term? BlackRock does invest in fossil fuel companies like ExxonMobil, but also used its massive stake in that company to oust two of Exxon's board members who were more committed to climate change reforms.
Russia walks from an agreement that would allow Ukraine to continue exporting grain, Presidential hopeful Ron DeSantis is shaking up his campaign, and new data shows that money management firms are dumping ESG. Get the facts first with Morning Wire.
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