The purposeful CEO is dead: Long live the ‘corporate diplomat’ Business The era of green-centric grandstanding by CEOs might be over – welcome to the age of corporate diplomacy, writes Ali Lyon It had never been more essential, Blackrock’s Larry Fink wrote in the 2022 edition of his widely-read annual letter to CEOs, for bosses “to have a clear purpose”. “Putting your company’s purpose at the [...]
Blackrock needs to ‘face up’ to role in promoting ‘dangerous ESG placebo’, ex green investment chief argues ESG Writing in City A.M. over the weekend, Fancy, who was formerly chief sustainable investment officer at Blackrock criticised Larry Fink for his "vacuous promises" on ESG.