The ESG Stop

Ron Bonjean: This is politics. It belongs in the political realm, and it doesn't belong in the C-suite where nobody elected Larry Fink. He says if California cannot legally force every firefighter to write a letter to Berkshire Hathaway, why should CalPERS be able to do that?Bonjean: And now we've added the layer of pension funds being that now the owners of the investment group. So there's now a fourth layer.