So the pullback in ESG firms continues, eh? John had a post in December about corporations and campuses who were beginning to get pushback on their DEI initiative. BlackRock was one of those named, doing some verbiage shuffling to avoid legal challenges, among other problems besetting the grievance and equity industry. …Investment manager BlackRock (BLK.N), […]
A letter from 21 state financial officials is urging the Securities and Exchange Commission to postpone a rule creating a new type of company designed for climate activists. The state financial officers asked SEC Chairman Gary Gensler to extend the comment period from what they considered an unusually short 21 days to 60 days. If […]
The environmental, social, and governance movement is attempting an “end run around democracy” by forcing companies to adopt climate policies without passing any legislation, warns Tennessee Attorney General Jonathan Skrmetti. While ESG “is not entirely bad as a concept,” Skrmetti, a Republican, warns that a “sort of hardcore behind-the-scenes approach to ESG” involves inserting “really […]
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