BlackRock’s Push for ESG Faltering Due to Massive Pushback

Blackrock rejects most ESG shareholder proposals for 2023.

BlackRock CEO Larry Fink attends a session at the World Economic Forum annual meeting in Davos, Switzerland, on Jan. 23, 2020. Fabrice Coffrini/AFP via Getty Images

BlackRock’s push for environmental, social, and governance (ESG) in corporate boardrooms is starting to falter due to popular opposition against it nationwide.

Supporters of ESG have been pressuring corporations to incorporate climate change-related and progressive ideology into investment decisions.