Blackrock

Mark Brnovich, Arizona's Attorney General, announced in a Wall Street Journal op-ed March 6 an anti-trust investigation into Environment, Social, and Governance (ESG) policies and organizations like Climate Action 100+ for allegedly steering markets away from traditional energy sources and toward green energy. Texas is also trying to reign in ESG-focused companies.

BlackRock has issued a statement about what its investment portfolio will look like in 2030 pertaining to Environmental, Social and Governance (ESG) policies.

Blackrock has announced what their investment portfolio will look like in 2030 relating to ESG policies. The statement made clear that the majority of the investments made by the firm will comprise of companies, and governments, that have clear goals on reducing emissions.

As a state that has part of its pension funds under BlackRock's management, South Carolina might want to consider whether BlackRock’s strategy aligns with what its citizens want.

Two months ago, Texas Lt. Gov. Dan Patrick sent a lengthy letter to Comptroller Glenn Hegar, directing him to include a New York-based investment management corporation on a list of companies boycotting the state's energy producers

Consumers’ Research recently published a warning letter to the public and states with pension funds invested in BlackRock, a firm that holds roughly $10 trillion under management worldwide, highlighting its ties to China.

New York's pension fund will be divesting of multiple fossil fuel investments for reportedly not preparing enough to meet carbon neutral goals, but the state's pension funds still has billions connected to investments in China, one of the most pollution-heavy nations.

Consumers’ Research is alerting investors, states like Florida as well as individuals, that BlackRock's investment strategy could ultimately hurt the average U.S. consumer.