BlackRock chief executive Larry Fink will no longer use ESG to describe environmental, social and corporate governance issues, as the battle over the term and the investment practice it refers to becomes increasingly toxic in the US.
Speaking at the Aspen Ideas Festival conference on Sunday (25 June), Fink, who is also chairman of BlackRock, said: "I do not use the word ESG any more, because it's been entirely weaponised ...
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