One-third of US asset managers reported that they had lost, or were at risk of losing, more than 20% of their institutional mandates due to dissatisfactory ESG products, according to BCG research. Nearly half of global consumers surveyed say they would choose investments with positive societal impacts, even if the investments yielded lower returns, per Capgemini. Nearly 60% of global institutional investors cited greenwashing as a major ESG investing concern, according to a Schroders survey.

This is entirely lip service, they realize they lost a massive amount of their customers moneys trying to social engineer the economy and are now pretending to change to sucker more people into investing with them. “Firing” the CFO and continuing the same schlocky tactics to save face.

Not good enough. ESG is unacceptable in any form.

Keep pushing them. Defund Blackrock.

Eternal. Slave. Goy. model not susteinable.

that is a funny achievement considering the entire magic money market isn't.

BlackRock is heavily tied up in real estate investments and with a coming real estate collapse they're going to need to be consolidating their money to ride out the storm.

Seems like a good news, but part of me thinks this is just a show to build confidence.

Next up: "Engine #1 decides maybe Exxon-Mobil should produce oil after all"

Liars.

Sure they will.