Tag: ESG investing

[PREMIERING NOW] Christians and ESG: What You Need to Know | Church & State

In this episode, host Lucas Miles addresses the Left’s newest obsession—ESG (environmental, social, governance)—exposing how this new woke scoring system could affect the future of business in America, along with the potential ramifications for the Church. – BUY Jan 6 DVD: www.epochtv.shop/product-page/dvd-the-real-story-of-january-6, Promo Code “Lucas” for 20% off. Follow Lucas on Twitter: twitter.com/lucasmiles * Click…


BlackRock Downgraded by UBS Over Growing ESG Investing Risks

BlackRock’s latest focus on the latest Wall Street craze—environmental, social, and governance (ESG) investing—has turned into a risky affair for the world’s largest asset manager, a UBS analyst recently stated. Brennan Hawken, an analyst at the bank, downgraded BlackRock’s stock from Buy to Neutral and slashed the stock price target from $700 to $585 over…


Republican-Led States Pull Over $1 Billion From BlackRock, Cite Concerns Over ESG Strategies

A string of Republican states have announced they are pulling out their investments in the world’s largest asset manager, BlackRock, due to concerns over the company’s move to embrace environmental, social, and governance (ESG) investment strategies. In an interview with the Financial Times, Curtis Loftis, South Carolina’s state treasurer, said he would pull $200 million from BlackRock…


Louisiana Dumps BlackRock Over ‘Crippling’ ESG Policies

Louisiana has informed BlackRock that the state will be liquidating all investments in the corporation, blaming it for the promotion of politically driven green energy—under environmental, social and governance (ESG) standards—over fossil fuels critical to the state’s economy. “Your blatantly anti-fossil fuel policies would destroy Louisiana’s economy,” Treasurer John Schroder wrote (pdf), on Oct. 5,…


Anti-ESG Movement Gains Momentum

News Analysis Only a few years after declaring that “climate risk is investment risk” and mandating corporations to meet certain environmental standards, Larry Fink, chairman and CEO of BlackRock, is facing a growing resistance. Even the most ardent champions of sustainable investing are experiencing a rude awakening. Fink, who leads the world’s largest asset management…