#Latest news with #TexasPensionFundsWall Street Journal6 days agoBusinessWall Street JournalBlackRock Is Off Texas' Blacklist. Where the ESG Battle Stands Now.BlackRock BLK 0.79%increase; green up pointing triangle notched a significant win in its yearslong effort to put the responsible investing controversy behind it, after Texas removed the asset manager from the list of companies that it accuses of boycotting the oil and gas industry on Tuesday. Texas pension funds and state investment accounts can once again do business with the world's largest asset manager, ending a nearly three-year blacklist from the largest state that has sought to punish Wall Street firms for their climate policies.
Wall Street Journal6 days agoBusinessWall Street JournalBlackRock Is Off Texas' Blacklist. Where the ESG Battle Stands Now.BlackRock BLK 0.79%increase; green up pointing triangle notched a significant win in its yearslong effort to put the responsible investing controversy behind it, after Texas removed the asset manager from the list of companies that it accuses of boycotting the oil and gas industry on Tuesday. Texas pension funds and state investment accounts can once again do business with the world's largest asset manager, ending a nearly three-year blacklist from the largest state that has sought to punish Wall Street firms for their climate policies.