Victory against ESG begins to accelerate – Speeding up with that?
Vanguard leaves zero international alliance GFANZ
Presented in more detail here.
Black stones was subpoenaed by the state of Texas in connection with illegal ESG activity.
Texas legislature subpoenaed BlackRock for a series of documents related to billion-dollar financial institution promote environmental, social and governance (ESG) policy.
subpoena, released late last month of the Texas Senate Committee on State Affairs, representing the latest Republican-led state effort to slow the so-called ESG movement. Major asset managers such as BlackRock, Vanguard and State Street are increasingly pushing for ESG standards for companies in which they hold large financial stakes in an effort to promote a broad green transition away from the big banks. traditional fossil fuel energy sources to alternative energy sources such as wind and solar.
US divests from BlackRock via ESG
“Using our cash to fund BlackRock’s social engineering project is not something Florida has ever applied for,” Patronis said in a published statement. profit maximization and the opposite of what wealth managers are paid to do.” Accordingly, Florida will immediately remove $600 million in short-term investments from BlackRock and freeze $1.43 billion other long-term securities, pending handover to new management in early 2023.
Florida (two billion!)
Missouri
South Carolina
Wyoming
Louisiana
Arkansas