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BlackRock Confirms ESG On Hold Until They Can Come Up With Another Name For It That Nobody Knows About
Babylon Bee ^ | Jul 6, 2023 | Babylon Bee

Posted on 07/06/2023 9:15:43 PM PDT by george76

The controversial Environmental, Social, and Governance (ESG) ratings system for businesses made popular by BlackRock, Inc. was put on indefinite hold last month, citing a concern that people now understand what it means and totally hate it. According to sources, the company plans to bring it back at a later date when they come up with another name for it that nobody knows about.

"ESG has been a great money-making scheme, but it was destined for failure once people figured out it was nothing but a tool for pushing radical Communist ideology," said BlackRock CEO Larry Fink. "But I'm confident that with the right name, we can fool everyone again."

According to sources, BlackRock employees have workshopped several names over the weeks with mixed results. The Babylon Bee has obtained an exclusive look at some of the suggested names complete with notes from supervision.

Habitat, Communal, Totalitarianism - Lazy synonyms. Do better.

Obedience, Compliance, Subservience - Hmm. Maybe too much.

Earth, Wind & Fire - Popular musical group from the '70s.

Super ESG 64 - Still says ESG, Harold!

RightThink - Who would be opposed to right thinking?

Satan Reward Points - Close.

"These things take time," warned BlackRock CEO Larry Fink as he advised patience for investors. "I could make up a new name off the top of my head like 'Larry Ratings' or something, but — say, that's quite good."

At publishing time, it was announced during an investor meeting that 'Larry Points' would be formally introduced in Q1 2024.


TOPICS: Humor
KEYWORDS: babylonbee; blackrock; dei; die; environmental; esg; governance; social

1 posted on 07/06/2023 9:15:43 PM PDT by george76
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To: george76
"ESG has been a great money-making scheme, but it was destined for failure once people figured out it was nothing but a tool for pushing radical Communist ideology,"

George Orwell, in his essays, wrote that political language is important. When colonialism was rebranded as a "Global Outreach Network," everyone thought it was cool again.

2 posted on 07/06/2023 9:23:57 PM PDT by Right_Wing_Madman
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To: All

have they considered BAAL yet?


3 posted on 07/06/2023 10:44:19 PM PDT by SteveH
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To: Right_Wing_Madman

Amazingly, this is the Babylon Bee and they stung me, again!


4 posted on 07/06/2023 11:08:08 PM PDT by GreatRoad ('In a time of universal deceit, telling the truth is a revolutionary act' )
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To: GreatRoad

I know! They had me until this:”But I’m confident that with the right name, we can fool everyone again”. Those guys at the Bee 😆


5 posted on 07/07/2023 6:08:04 AM PDT by cport (How can political capital be spent on a bunch of ingrates)
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To: george76

My guess is that this will age well :)

...humor will be removed by reality.


6 posted on 07/07/2023 6:13:30 AM PDT by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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