Tom Gantert and Brett Rowland | The Center Square | 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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