According to a new report, Fink is really upset that the ESG brand has been damaged, and he's now looking to shift gears in the debate.
If a company doesn't have a "Good" ESG score, it will be passed over even if that company represents the best opportunity for investors.
So how does a company get a "Good" ESG score? The simple answer is that it must promote far-left ideals.
If you've ever wondered why companies like Bud Light and Target are so eager to jump into contentious social debates about transgenderism and such, it's because they are fearful of garnering a bad ESG score.
For these corporations, nothing is more important than securing access to capital long-term, and they'd rather soak up massive short-term than dare cross the ESG brigade.
The first step in taking down the entire ESG racket is sullying it in the realm of public opinion and making it toxic to participate in.
At the end of the day, these huge companies are still reliant on people buying their products, and DeSantis and others have illuminated ESG as a major issue in the minds of many.
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