Post by addisona on Feb 11, 2022 14:45:13 GMT
What CEOs are really saying when they lash out against 'woke' America
"woke" probably isn't the first adjective that comes to mind when describing Corporate America. But some CEOs are wearing their non-wokeness as a badge of honor.
This week, when BlackRock CEO Larry Fink defended his firm's efforts to hold companies accountable for their environmental and social impact, he included a nod to his critics who've accused him of forcing a liberal agenda on businesses.
"It is not a social or ideological agenda," he wrote in his closely watched annual letter to clients. "It is not 'woke.' It is capitalism."
Translation: Don't be angered by this do-gooder approach, Wall Street — this is just what's good for business.
www.cnn.com/2022/01/22/business/woke-capitalism-business-larry-fink/index.html
"woke" probably isn't the first adjective that comes to mind when describing Corporate America. But some CEOs are wearing their non-wokeness as a badge of honor.
This week, when BlackRock CEO Larry Fink defended his firm's efforts to hold companies accountable for their environmental and social impact, he included a nod to his critics who've accused him of forcing a liberal agenda on businesses.
"It is not a social or ideological agenda," he wrote in his closely watched annual letter to clients. "It is not 'woke.' It is capitalism."
Translation: Don't be angered by this do-gooder approach, Wall Street — this is just what's good for business.
www.cnn.com/2022/01/22/business/woke-capitalism-business-larry-fink/index.html