Larry Fink Says ESG Narrative Has Become Ugly, Personal (2)

BlackRock Inc. Chief Executive Officer Larry Fink said the narrative around ESG investing has become ugly and is creating “huge polarization.”

“I’m taking this very seriously,” Fink said in an interview with Bloomberg TV at the World Economic Forum in Davos. “We are trying to address the misconceptions. It’s hard because it’s not business any more, they’re doing it in a personal way. And for the first time in my professional career, attacks are now personal. They’re trying to demonize the issues.”

Fink, 70, has been outspoken about investing with environmental, social and governance goals, making it a focal point ...