BlackRock Archives

ESG Advocates Warn Anti-Woke Movement Is Creating ‘Concerns and Challenges’

Advocates for environmental, social, and corporate governance (ESG) investing are warning that the Republican-led anti-woke movement is disrupting their efforts. ESG investing came under heavy fire during a major environmental conference on Tuesday. Proponents of the ESG movement remain defiant, however. Witold Henisz, a vice dean and faculty director of…

BlackRock CEO Warns Corporate America: ‘Climate Change’ Is a ‘Risk’ to Investments

BlackRock CEO Larry Fink has issued a warning to corporate America about the alleged threat to investments that "climate change" poses. Speaking to investors on Wednesday, Fink warned that his asset management company views climate change as a "risk" to portfolio companies. Alongside rival asset management firms State Street and…

DeSantis Purges ‘Woke’ ESG from State Retirement System: ‘Will Not Be Tolerated in Florida’

Florida's Republican Governor Ron DeSantis has announced that he has purged the "woke" environmental, social, and corporate governance movement criteria, also known as ESG, from the state's retirement system. On Tuesday, DeSantis approved measures to prevent the Florida Retirement System Pension Plan from investing in accordance with ESG. According to…

Kentucky Treasurer Drops Hammer on ‘Woke’ Companies Engaged in ‘Ideological’ Boycotts of Energy Sector

Kentucky's state treasurer has dropped the hammer on several "woke" companies by issuing sanctions against those engaged in "ideological" boycotts of the energy sector. State Treasurer Allison Ball published a list of financial institutions currently boycotting energy companies. Ball stated that agencies in the commonwealth are now required to divest from…

Louisiana Pulls Treasury Funds from BlackRock, Warns ESG Investing Threatens ‘Economic Freedom and Individual Liberty’

The state of Louisiana is divesting its treasury funds from Larry Fink's investment company BlackRock. Louisiana's Republican state treasurer John Schroder issued a warning that BlackRock's "woke" Environmental, Social, and Corporate Governance (ESG) investing threatens Americans' "economic freedom and individual liberty." In a letter to World Economic Forum member Fink, BlackRock's…

BlackRock CEO Hails Boom in Green Investments amid Energy Crisis

Multi-national investment firm BlackRock's CEO Larry Fink is hailing the flow of cash into companies serving the green agenda as the world buckles under a global energy crisis. Fink is celebrating the skyrocketing energy prices for shrinking the "green premium." He discussed the investment flow into green energy sources during…

BlackRock CEO Larry Fink Warns Inflation Will Last a ‘Number of Years’

Larry Fink, the chairman and CEO of the world's largest asset manager BlackRock, has warned that U.S. inflation is likely to continue "for a number of years." Fink made his comments while speaking with David Westin during an interview on "Bloomberg Markets: The Close." Westin stated that the markets had…

BlackRock CEO Slams ‘Woke’ Business Agendas: ‘We Are Capitalists’

The CEO of BlackRock has slammed the rise of "woke" agendas in business, declaring that "we are capitalists." Larry Fink, the chief executive of the huge American multinational investment management corporation, warns there is no place for a "social or ideological agenda" in his industry. Fink blasted virtue-signaling politics in…