The Great Reset: A blow to ESG agenda – Texas pull nearly $10B out of BlackRock.

"Texas is pulling $8.5 billion in investments out of BlackRock over its policies for environmental, social, and governance (ESG). It argues that the policies of BlackRock are destructive to key industries, and the divestments follow other states also pulling funds out of the multinational investment company. This comes amid a broader pushback overall against ESG and related programs, as the system is being deemed a way of forcing businesses to adhere to policies that can be financially damaging, and may not reflect what’s actually needed."

More in the Crossroads with Joshua Philipp video. (Video segment is from start to 6:14 mins, and 33:18 to 41:30 mins)

Location: Texas, USA

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