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Tuesday, September 13, 2022

ESG investing draws the ire of Republican lawmakers

| Sep 10, 2022

BlackRock Inc., the self-proclaimed world’s largest investment manager, announced this year that it signed a Memorandum of Understanding to promote the growth of “gender lens investing.”  The term, which didn’t appear in newspapers until 2012, is described by one multi-national accounting firm as “investing in organizations that promote workplace equity … or in organizations that offer products or services that improve the lives of women in a sustainable manner.”  It’s that type of what the political right refers to as “woke investing” known as ESG (environmental, social, and corporate governance) that has BlackRock and a handful of other investment managers on the radar of Republican politicians..............To Read More.... 

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