US EditionState financial officers urge financial institutions to abandon ESG
- A group of 26 financial officers from 21 states urged 18 major financial institutions to abandon environmental, social, and governance practices to continue doing business with their states.
- The letter criticized ESG for undermining fiduciary duty by prioritizing political agendas over financial returns.
- State financial officers demanded assurances that investment decisions focus on fiduciary duty, not politics.
- O.J. Oleka stated that financial giants must prove independence from political ideology to do business with states.
27 Articles
27 Articles
Financial officers from 21 states urge financial institutions to completely abandon ESG
From The Center Square By Tom Joyce “BlackRock is playing a game of deceit. Fink and his team are trying to say all the right things to conservatives while quietly doubling down on their activist agenda behind the scenes.” A group of 26 financial officers from 21 states sent letters to 18 major financial institutions this week, warning them to abandon environmental, social, and governance (ESG) practices if they wish to continue doing business w…
State Financial Officers Urge Financial Institutions To Abandon ESG
By Tom Joyce A group of 26 financial officers from 21 states sent letters to 18 major financial institutions this week, warning them to abandon environmental, social, and governance (ESG) practices if they wish to continue doing business with their states. The letters said ESG has undermined the traditional fiduciary duty that firms owe their...
State financial officers urge financial institutions to abandon ESG
(The Center Square) – A group of 26 financial officers from 21 states sent letters to 18 major financial institutions this week, warning them to abandon environmental, social, and governance (ESG) practices if they wish to continue doing business with…
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