{"id":2011801,"date":"2023-08-25T10:36:02","date_gmt":"2023-08-25T14:36:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackrocks-push-for-esg-faltering-due-to-massive-pushback\/"},"modified":"2023-08-25T10:38:44","modified_gmt":"2023-08-25T14:38:44","slug":"blackrocks-push-for-esg-faltering-due-to-massive-pushback","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackrocks-push-for-esg-faltering-due-to-massive-pushback\/","title":{"rendered":"BlackRock&#8217;s ESG push faces strong resistance."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">12<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fblackrocks-push-for-esg-faltering-due-to-massive-pushback%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2011801&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div data-post-content=\"true\" class=\"post_content\" id=\"post_content\">\n<p>BlackRock&#8217;s push for environmental, social, and governance (ESG) in corporate boardrooms is facing opposition nationwide, causing its efforts to falter.<\/p>\n<p>Supporters of ESG have been urging corporations to\u200c prioritize climate change-related issues and progressive \u2062ideology in their investment decisions.<\/p>\n<p>However, in a surprising turn of events, the world&#8217;s \u200d<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blackrocks-push-for-esg-faltering-due-to-massive-pushback\/\" title=\"BlackRock's ESG push faces strong resistance.\">largest asset management fund voted<\/a> against the \u2062majority of ESG\u200c proposals for the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/21-state-ags-warn-53-banks-against-adopting-the-esg-scoring-systems\/\" title=\"21 State AGs Warn 53 Banks Against Adopting the ESG Scoring Systems\">upcoming proxy season<\/a>,\u2063 as revealed in its 2023 Investment Stewardship report published\u2064 on Aug. 23.<\/p>\n<div class=\"shortcode\">\n<div class=\"border-comp-divider mb-4 mr-4 w-full max-w-[500px] border px-5 py-4 text-[16px] leading-[20px] text-[#262626] md:float-left\">\n<div class=\"mb-3 font-sans text-[16px] font-semibold uppercase leading-[19px] text-[#2F2F2F]\">Related Stories<\/div>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-2\"><a href=\"http:\/\/www.theepochtimes.com\/opinion\/blackrock-and-its-esg-voting-choice-ruse-5442306\">BlackRock and Its ESG \u2018Voting Choice\u2019 Ruse<\/a><\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">8\/3\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[120px]\"><a href=\"http:\/\/www.theepochtimes.com\/opinion\/blackrock-and-its-esg-voting-choice-ruse-5442306\"><\/a><\/div>\n<\/p><\/div>\n<div class=\"mb-4 flex gap-2\">\n<div class=\"grow\">\n<div class=\"mb-1 line-clamp-2\"><a href=\"http:\/\/www.theepochtimes.com\/us\/florida-cfo-says-state-thriving-with-earnings-of-1-1-billion-despite-abandoning-blackrock-5429877\">Florida CFO Says State &#8216;Thriving&#8217; With \u2063Earnings of \u200b$1.1 Billion Despite Abandoning BlackRock<\/a><\/div>\n<div class=\"text-comp-caption text-[14px] leading-[18px]\">8\/3\/2023<\/div>\n<\/p><\/div>\n<div class=\"shrink-0 basis-[120px]\"><a href=\"http:\/\/www.theepochtimes.com\/us\/florida-cfo-says-state-thriving-with-earnings-of-1-1-billion-despite-abandoning-blackrock-5429877\"><\/a><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Interestingly,\u200c the term ESG \u200dis only mentioned in the footnotes of the latest stewardship report,\u2063 a significant \u2062contrast to the previous year when it was referenced \u200cmultiple times.<\/p>\n<p>The \u2062ESG movement, championed by financial institutions like BlackRock, Vanguard, and State Street, advocates for conscious shareholders to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/dumb-bastard-green-energy-worker-blames-bidens-policies-for-his-factory-shutting-down\/\" title=\"\u2018Dumb Bastard\u2019: Green Energy Worker Blames Biden\u2019s Policies For His Factory Shutting Down\">support green energy<\/a> and left-wing \u2063social priorities in the financial sector \u2063and major \u2062corporations.<\/p>\n<p><div class=\"featured featured-video video-ct\"><\/div>\n<\/p>\n<p><div class=\"contain\"><\/div>\n<\/p>\n<p><div class=\"info\"><\/div>\n<\/p>\n<p><div class=\"caption\"><\/div>\n<\/p>\n<h2>Fink Blinks After Anti-ESG Backlash<\/h2>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>corporate boards, as public resistance grows. Advocates of ESG urge companies to prioritize climate concerns and progressive values in investments. However, BlackRock, the leading asset management firm, recently rejected most ESG suggestions, marking a significant setback for the movement. This shift reflects a rising wave of opposition across the country.<\/p>\n","protected":false},"author":327,"featured_media":2011802,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-2011801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2011801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/327"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2011801"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2011801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2011802"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2011801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2011801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2011801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}