Disney has established itself, despite internal turmoil, as a progressive corporate figurehead. As a result, she lost some of her loyal customers. Angelillo John/Angelillo John/UPI/ABACA
CHRONICLE – Under this pressure, the business world has gradually fractured, each defending its vision of the general interest, particularly on environmental and identity issues
End of recess? Larry Fink, le patron de BlackRocka champion of moral capitalism, surprised everyone at the Aspen Festival of Ideas a week ago by declaring that he would no longer talk about ESG (environmental, social and governance criteria) because these initials – which have colonized the annual reports of all major companies in recent years largely under his influence – had been “militarized” by the far left as well as the far right.
The ad is quite self-serving. For the past year, the largest asset manager in the world, with 10 trillion dollars under management, has been under fire from all sides. Too green for conservative states like Louisiana or Florida, too timid, or, worse, playing a double game, for progressive Democrats, BlackRock continues to be taken to task. Criticisms that have sometimes resulted in withdrawals of funds.
Pandora’s box of division
Before these setbacks, Larry Fink had happily taken the lead…
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2023-07-02 15:48:06
#Anne #Guigné #Woke #capitalism #United #States
