Resistance to environmental, social, and corporate governance investing is taking center stage in a number of Republican-leaning state legislative sessions this year.
Several Republican states removed almost $4.5 billion dollars from BlackRock due to the company's adherence to environmental, social, and corporate governance (ESG) policies.
Republican lawmakers introduced legislation Thursday to nullify the DOL's decision to allow ESG factors as an investment consideration, citing discrimination against the American energy sector.
The state of Florida has removed $2 billion in environmental, social and governance (ESG) divesting in BlackRock Inc., saying social engineering wasn't something it ever "signed up" for.
