Categories: Finance and Commerce

‘A Huge Win’: Woke Climate Cartel Goes Belly Up

— Will Hild (@WillHild) January 13, 2025

BlackRock was a major supporter of ESG investing in years prior, with CEO Larry Fink claiming in 2020 that “climate risk is investment risk” and that climate change would lead to a “fundamental reallocation of capital.”

BlackRock, which manages over $10 trillion and has been a leader in environmental, social and governance (ESG) investing, announced its exit from NZAM Thursday, with its vice-chair Philipp Hildebrand saying the firm’s involvement in the environmental coalition “caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials.” Now, NZAM has pressed pause altogether, halting operations while it conducts a review of its activities, an NZAM press release published Monday stated. (RELATED: UN Reportedly Moves To Unlock Tens Of Millions In Climate Funding For Country Run By Terrorists)

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

source

Greg Smith

Share
Published by
Greg Smith

Recent Posts

Walmart sells dupe for discontinued Girl Scout cookies flavor for just $5.48, it’s so good fans are ‘never without them’

WALMART shoppers have been left thrilled after discovering a cheap and tasty dupe of a…

6 hours ago

Biden’s SEC Files Lawsuit Against Elon Musk

“The complaint further alleges that, due to Musk’s failure to timely file a beneficial ownership…

6 hours ago

You Might Have Missed It, But Biden’s IRS Is Going On A Last-Minute Spending Binge

The outbreak of COVID-19 threw a wrench in then-President Donald Trump’s economy as businesses shuttered…

8 hours ago

NFL Pro Bowler who has earned $36 million in career axed from roster for fourth time this NFL season

Read More on The US SunCARRIE CHAOS American Idol execs 'not happy' Carrie Underwood will…

9 hours ago

Here Are Some Of The Most Surprising Pieces Of Testimony To Emerge From CNN’s $1 Billion Defamation Suit

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service,…

9 hours ago

Chris Paul, Victor Wembanyama Do Coolest Thing Ever For JJ Redick’s Kids, Who Lost Memorabilia To California Fires

San Antonio Spurs superstars Chris Paul and Victor Wembanyama caught whiff of the situation, so…

9 hours ago