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HSBC exec suspended for ESG comments brought ‘dose of honesty’ to debate, ex-BlackRock sustainable investing chief says
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HSBC Asset Management responsible investing head Stuart Kirk caused an uproar when he branded climate warnings from environmental “nut jobs” as false, leading to a public rebuke from the CEO and a suspension from his job.
But Tariq Fancy, who was BlackRock’s sustainable investing CIO between 2018 and 2019, told Financial News that while Kirk’s remarks were controversial, he has “done us a service” by “infusing a dose of honesty into a debate that is otherwise leading us nowhere”.
“[Kirk's]...
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