The Briefing Room

State Chapters => Texas => Topic started by: Free Vulcan on December 08, 2022, 05:44:09 pm

Title: Texas Prepares to Bring Down the Hammer on BlackRock Over Destructive ESG Adherence
Post by: Free Vulcan on December 08, 2022, 05:44:09 pm
(https://media.townhall.com/townhall/reu/o/2018/85/cfbb67f7-7ddb-456e-ae99-f12d78f07f77-860x475.jpg)

The investment company known as BlackRock has an agenda that is far from beneficial as it adheres to the Environmental, Social, and Governance (ESG) investment standards which don’t focus on profitability and good business practices but adherence to left-leaning ideologies.

Sticking to ESG practices, BlackRock has endangered the livelihoods of Texans and pension plans by boycotting industries that left-leaning people typically resist like oil and coal, throwing investment capital instead at companies with “green initiatives.”

As RedState previously covered back in June, BlackRock controls more assets than any other investment management firm on Wall Street with around $10 trillion under management. BlackRock’s Investment Institute, Thomas E. Donilon, has met with the Bien administration on multiple occasions according to White House logs for closed-door meetings with ties to the Biden administration going even deeper, including familial ties between Thomas and his brother Mike Donilon, Biden’s chief strategist during the 2020 campaign.

https://redstate.com/brandon_morse/2022/12/08/texas-prepares-to-bring-down-the-hammer-on-blackrock-over-destructive-esg-adherence-n670282