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Letter To BlackRock CEO Larry Fink.pdf

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Preview of Letter to BlackRock CEO Larry Fink

🔗 Source: a4de8bd9-8c02-4b69-8f48-7792cfcaf8fd.usrfiles.com

📊 Size: 253 KB

👤 Author: Claire Hadlock

⬇️ Downloads: 71

Summary

Louisiana State Treasurer John M. Schroder is divesting $794 million from BlackRock by the end of 2022 due to the company's anti-fossil fuel policies and support of Environmental, Social and Governance (ESG) investing, which he believes would harm Louisiana's economy and contradict state law on fiduciary duties. Schroder argues that ESG investing prioritizes political and social goals over financial returns, threatening democracy, economic freedom, and individual liberty. He emphasizes that his top priority is the monetary best interests of Louisiana's citizens and that investment firms must prioritize their clients' financial success over political agendas.

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Description

Louisiana State Treasurer John M.

Technical Information

File Format: PDF
File Size: 253 KB
Pages: 3
Language: EN
Author: Claire Hadlock
Total Downloads: 71
Last Updated: 1 day ago

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