Tariq Fancy, the founder and CEO of The Rumie Initiative and the former chief investment officer for sustainable investing at BlackRock, joins Scott to discuss how ESG investing acts as “a dangerous placebo that harms the public interest.” We also hear Tariq’s take on the current state of the markets. Follow Tariq on T

Vox's Emily Stewart talks with Tariq Fancy about whether or not "socially responsible investment" is a scam. Fancy is a former executive who led sustainable investing at BlackRock, one of the world's largest asset management firms. The two discuss why these investment vehicles were developed and promoted, the failure o

The recent meteoric rise of ESG or sustainable investing is both compelling and undeniable. Today, more than 3,500 asset managers and related organizations representing more than $120 trillion in assets under management subscribe to the United Nations Principles for Responsible Investment (PRI), which are a set of volu

Environmental, social and governance investing, also know as ESG, has exploded in recent years. It promises to help us solve problems like climate change and inequality all while allowing investors to still turn a profit. But BlackRock’s former global chief investment office for sustainable investing, Tariq Fancy, says

Tariq Fancy is an ex-investment banker who was formerly the chief investment officer of sustainable investing at BlackRock, the world’s largest asset manager. Today, he is best known for founding The Rumie Initiative, a non-profit organization that aims to educate children in underserved communities using affordable te

Today I speak with Tariq Fancy, the former Chief Investment Officer for "Sustainable" Investing at BlackRock (2017-2019). BlackRock is a financial services firm with over $9 trillion in investments. After trying to improve Wall Street’s "green" initiatives from the inside, Tariq realized the idea of “green” was exploit