BlackRock Inc. Chief Executive Officer Larry Fink said the narrative around ESG investing has become ugly and is creating “huge polarization.”
“I’m taking this very seriously,” Fink said at Bloomberg’s The Year Ahead event in Davos. “We are trying to address the misconceptions. It’s hard because it’s not business any more, they’re doing it in a personal way. And for the first time in my professional career, attacks are now personal. They’re trying to demonize the issues.”