BlackRock faces ESG fallout in Louisiana
The treasurer admits BlackRock invests heavily in energy but says he does not like the company’s stance
The treasurer admits BlackRock invests heavily in energy but says he does not like the company’s stance
The firm faces much different criticism from several Republican-led states
Allocation decisions are being driven by a focus on climate change and a search for yield
What started as a few outspoken critics could prevent funds meeting net-zero targets
A group of 19 state attorneys general demanded answers from the asset manager about ESG
Sometimes it’s hard to be the world’s largest asset manager
‘ETFs offer the scale and reach to mobilise needed capital’
Addressing the gender data gap in the investment industry will widen the potential customer pool
Defined-benefit programs have been more likely to support ESG resolutions
BlackRock, UBS, Schroders and others are called out by the state
The State Board of Administration oversees $240bn
Guy Opperman says social factors pose risks and provide opportunities to schemes’ investments