BlackRock Called Out For ‘ESG Facade’ After Naming Saudi Aramco Chief To Board

BlackRock, Inc. (NYSE:BLK), the world’s biggest asset manager, named Saudi Aramco Chairman and CEO Amin Nasser, as an independent director to its board. The move raised several eyebrows across corporate and social media circles. What Happened: Conservative news outlet ZeroHedge criticized BlackRock CEO Larry Fink, claiming that his environmental, social, and corporate governance (ESG) approach is losing credibility. “Larry Fink’s Fake ESG Facade Crumbles,” ZeroHedge tweeted Saudi Aramco, a prominent Saudi Arabian petroleum and natural gas company, is the world’s second-most valuable company. C…

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