It did so as it and roughly 60 companies are being investigated by Congress for allegedly colluding as a “woke ESG cartel” to ...
BlackRock may exit woke business climate group Net Zero Alliance as backlash over ESG investing widens The world's largest asset manager, with more than $10 trillion in assets under manager, was a ...
And they were seen as a gold mine by woke investors. Big state pension plans in blue states run by some of the most left-wing pols in the country were now demanding it. You could win their ...
One major reason: The heat from conservative critics for its so-called ESG investing has waned as it stepped back from being a staunch advocate of the woke investing strategy. Red State treasurers ...
BlackRock, which oversees more than $11 trillion, has been the subject of attacks from GOP lawmakers for embracing what ...
The Net Zero Asset Managers initiative is suspending activities as it launches a review due to “recent developments in the U.S. and different regulatory and client expectations in investors ...
BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny.