BlackRock CEO Fink Woos Texas After ESG Spat usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
BlackRock Chief Executive
Larry Fink sought to build rapport with Republican officials at
an energy investment summit in Houston on Tuesday after Texas
blacklisted the asset manager over moves to.
BlackRock Chief Executive Larry Fink sought to build rapport with Republican officials at an energy investment summit in Houston on Tuesday after Texas blacklisted the asset manager over moves to transition away from fossil fuels. Texas has been at the forefront of politically "red" states restricting their public pension funds from doing business with BlackRock and other Wall Street firms that have embraced environmental, social and corporate governance (ESG) principles. State Lieutenant Governor Dan Patrick said last month that Fink reached out to him after the state blacklisted BlackRock, and that the two had met twice, with the latest meeting yielding the idea to hold the summit.
BlackRock Chief Executive Larry Fink said on Thursday that the firm was unfairly targeted by candidates in the fourth Republican presidential debate, calling it a sad commentary on the state of.