Conservatives have been a “wrecking ball” to the environmental, social, and governance (ESG) investing movement, as well as other trends, including DEI (diversity, equity, and inclusion) and CRT (critical race theory). A growing number of Red states have pulled billions of dollars from BlackRock’s management as they disapprove of the world’s top asset manager’s ‘woke’ investing policies. Now investor support for ESG proposals slides to a six-year low, a wake-up call for BlackRock’s Larry Fink.
A recent count of votes compiled by the Sustainable Investments Institute through the end of this week shows the average backing of resolutions centered around […]
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