Consumers’ Research launched an attack against BlackRock and CEO Larry Fink during the National Association of State Treasurers annual convention, accusing the firm of cozying up to dictators.
The newest broadside is part of a monthslong multimillion-dollar campaign by the conservative nonprofit organization, which has worked to cast BlackRock and Fink as bad actors for the company’s forays into China and for its embrace of environmental, social, and governance goals in investing.
State treasurers in some Republican states have been using their power to push back against ESG and BlackRock, which is the world’s largest money manager .
Photo credit: (Evan Agostini/Invision/AP)
