Have we passed peak ESG? – The Property Chronicle

Have we passed peak ESG?

Green Chronicle

When Larry Fink, the head of BlackRock, announced “I don’t use the word ESG anymore, because it’s been entirely weaponised […] by the far left and weaponised by the far right,” some interpreted it as a signal that investors had lost interest, considering ESG as a passing trend. On the contrary, I believe that the fundamental drivers of ESG are stronger than ever, and as millennials, we are only beginning to make our mark.

Having spent my childhood in Sweden, I became accustomed to the constant presence of cold and snowy winters. However, during a recent visit to remote corners of the country, the impact of climate change was evident. Islands once accessible via winter roads formed by thick ice now require boat transportation. In Jersey, Channel Islands, we grapple with rising sea levels, another consequence of warmer temperatures and melting ice.






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