Larry Fink Responds to ESG Backlash: A Shift in Language, Not Practice
Larry Fink, the influential CEO of BlackRock, has made waves with recent comments suggesting that he no longer wants to use the term “ESG” (Environmental, Social, and Governance). Fink, who once championed ESG principles and helped bring the term into…
Investors Push Back on CEO Pay Raises Amid Growing Pay Gap Concerns
In recent months, the growing disparity between CEO compensation and employee wages has sparked a wave of investor resistance. As the average salary of a chief executive in the S&P 500 surged to $14.5 million in 2021—a 17.1% increase from…