Greenhushing on the Rise as Backlash Against ESG Grows: ‘It’s Like an Unhealthy Marriage’
BlackRock chief executive Larry Fink’s 2020 letter to CEOs stated “climate risk is investment risk”.
It felt like a pivotal moment. The $10tn asset manager had been under fire for years to use its scale and influence to tackle climate change, and had finally shifted its stance.
Photo courtesy of Kristina Flour.
Source: Financial News (link opens in a new window)
- Categories
- Environment, Investing
- Tags
- climate change, ESG, scale
