West Virginia Blocks Wall Street Titans Pushing ESG Agenda
West Virginia blocked five major Wall Street banks Thursday from doing business with the state for pushing a green agenda, Environmental, Social and Governance (ESG).
How Republican-led states are targeting Wall Street with ‘anti-woke’ laws
More States Follow Florida’s Lead With Anti-Woke Business Laws.
Choose Shareholders and Progress Over Economy-Sapping ESG
You may have heard of the newest wolf in sheep’s clothing coming from the Left: Environmental, Social, and Governance (ESG) investing. Consideration of ESG factors in investing means that fiduciaries can place woke politics over profits and stability when making decisions about their client’s portfolio.
Texas Joins West Virginia In Boycotting BlackRock Over ‘Decarbonization’ Push
Typically, letters to investors don't elicit this kind of backlash. But given BlackRock's outsize influence on the US (and the global) economy, perhaps it's not surprising that a handful of US states with thriving energy industries are expressing their frustration with BlackRock CEO Larry Fink and his latest essay about the importance of "stakeholder capitalism".
West Virginia Bruises BlackRock Over Anti-Fossil Fuel Policies
West Virginia Bruises BlackRock Over Anti-Fossil Fuel Policies West Virginia State Treasurer Riley Moore announced on Monday that the state would no longer invest its $8 billion in operating funds with BlackRock. Moore noted that BlackRock has been actively trying to harm fossil fuel companies – a major industry in West Virginia. “BlackRock CEO Larry Fink has been outspoken [...]