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- The fight over ESG investing reflects the clash between social purpose and profit motives.
- ESG investing highlights the importance of incremental change and corporate accountability for sustainability.
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Larry Fink Advocates for ESG Investing at BlackRock
Larry Fink, CEO of BlackRock, has been championing ESG (Environmental, Social, Governance) investing for years, emphasizing companies' roles in environmental responsibility, fair labor practices, and ethical governance. His stance, promoting social purpose alongside profit, has sparked mixed reactions, leading to political backlash and the rise of anti-woke investing in some states.
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