ESG

BlackRock's Fink Refines Tone on ESG Risks

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At first sight, asset manager giant BlackRock is de-emphasizing ESG considerations to focus more on conventional issues, particularly the risk of a new financial crisis. The recent fall of Silicon Valley Bank might be the early sign of "dominoes starting to fall" after more than a decade of "extraordinarily aggressive fiscal and monetary policy," CEO Larry Fink warns in its much awaited annual letter to stakeholders, published last week.

Topics:
ESG, Equity and Debt Markets, Low-Carbon Policy
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