Events2Join

Why Did Florida Divest Billions From BlackRock? A “Woke ...


The "Woke Capitalism" Movement Has Created a Climate Tightrope

Climate change, he argues, is a critical part of calculating long-term wealth generation, and it is imperative to divest from companies whose ...

ESG investing backlash spills across the political divide

Florida's hard-line conservative Gov. Ron DeSantis led a resolution to bar state pension funds from considering ESG factors, and the state ...

How BlackRock's Larry Fink became the face of woke capitalism - AFR

The firm, with a market value of about $US100 billion ($153 billion), is the world leader in innovative low-cost investment funds. Its assets ...

The Right Has It In for Woke Investors. The Only Problem? They Don ...

Blass was here to absorb a few of the blows. Allegedly, BlackRock wanted to destroy a nearby coal plant. Pressed by committee Chair Bryan Hughes ...

State Focus: Moving beyond ESG; Florida wades into restrictions in ...

Several years ago, Florida's public officials began hinting that they were targeting China for divestment purposes. In May 2020, the state's ...

Jimmy Patronis: Florida Treasury Will Divest From Blackrock

“Using our cash, however, to fund BlackRock's social-engineering project isn't something Florida ever signed up for. It's got nothing to do with maximizing ...

HB3 and the Conservative Attack on ESG Investing - Third Act

In December 2022, Patronis announced the divestment of $2 billion in FRS funds managed by BlackRock Inc, claiming “Florida's Treasury Division ...

Two Indicators: The fight over ESG investing : Planet Money - NPR

In November, the state of Florida said it was taking back $2 billion it had given to BlackRock to invest in the markets, saying it was ...

Tampa Bay Times - Happy Gasparilla! Check out today's headlines ...

com/politics/2022/12/why-did-florida-divest -billions-from-blackrock-a-woke-conspiracy- theory/. motherjones.com. Why did Florida divest billions from BlackRock ...

ESG Backlash Will Affect the Future of Philanthropy

Later that summer, Florida Gov. Ron DeSantis pushed through legislation forbidding ESG considerations when investing any state funds, such as ...

Florida to pull $2 billion of assets from BlackRock over ESG

''It's got nothing to do with maximizing returns and is the opposite of what an asset manager is paid to do. Florida's Treasury Division is ...

Florida withdraws $2 billion from woke company BlackRock

The Sunshine State cabinet has decided to withdraw its funds from the investment firm BlackRock, valued at more than $2 billion.

Anti-Woke, Inc. | The New Yorker

Similarly, Florida later declared that it would divest two billion dollars from the company. ... BlackRock was practicing it, is counterproductive ...

Fox's anti-woke campaign has the network attacking its own ...

Fox prime-time host Laura Ingraham and Fox & Friends host Brian Kilmeade both celebrated BlackRock losing millions of dollars because it ...

Meet 12 GOP Officials Taking Aim at ESG and Sustainable Investing

Florida's treasury will divest $2 billion worth of assets managed by BlackRock by early 2023, Patronis said in an announcement on Dec. 1.

Flashback: BlackRock CEO Says Investment Firm Forces ...

... BlackRock's clients. [RELATED: Florida Divests $2 Billion From Woke ESG BlackRock Fund]. “Stakeholder capitalism is not about politics. It is ...

Florida CFO Jimmy Patronis Defends State's Decision To Divest ...

Patronis announced last year that Florida was pulling $2 billion in investments from BlackRock, and about half of the total red states have ...

GOP is taking a drop out of BlackRock's bucket - POLITICO

Republican lawmakers and state officials are stepping up pressure on financial firms over what they say are “woke” policies that discriminate against fossil ...

The conservative battle against 'woke' banks is backfiring

... billion over the next 10 years. Florida targets BlackRock for its climate and social policies. In 2021, Texas Gov. Greg Abbott signed laws ...

BlackRock Faces $2 Billion Hit As DeSantis Escalates ESG Fight

Florida is pulling about $2 billion from BlackRock Inc. in the largest anti-ESG withdrawal announced by a US state, as Republicans ramp up ...