The West Virginia government will be banning six of the nation’s largest financial institutions from future state contracts over their ESG policies and bias against the fossil fuel industry .
The financial institutions that will be banned from state contracts include BlackRock Inc., Wells Fargo & Co., JP Morgan Chase & Co., Morgan Stanley, The Goldman Sachs Group Inc. and US Bancorp, according to Politico . State Treasurer Riley Moore sent the companies a letter on Friday notifying them that they will be placed on the West Virginia’s Restricted Financial Institution List in 45 days, the outlet reports.
The financial institutions […]
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