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Investment titan BlackRock has taken massive hits because of its use of ESG

Por: New York Post Opinion October 08, 2023

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It’s been a difficult couple of years for BlackRock, the world’s biggest money manager. The firm is still enormously profitable, though it has recently through its use of Environmental Social Governance — or ESG — investment guidelines. Red state government officials are defenestrating the company from managing their pension money. The conservative commentariat has blamed the firm’s ESG screening of stocks for higher gas prices and... + full article



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