EXCLUSIVE: ESG Ruling Puts New Pressure on Public Pension Funds and BlackRock
2 Articles
2 Articles
EXCLUSIVE: ESG Ruling Puts New Pressure on Public Pension Funds and BlackRock
FIRST ON THE DAILY SIGNAL—A federal court ruling regarding ESG investing with BlackRock could put public pension funds on the defense, a consumer group is warning. Consumers’ Research sent letters to the largest public pensions boards in each state Tuesday warning BlackRock’s focus on ESG–an acronym for environmental, social, and governance–could lead to serious liabilities and a breach of fiduciary duty and put trillions of dollars in American…
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