
BlackRock is the largest investment firm in the world, currently with $11.6 trillion of investments under management. Larry Fink, the CEO of BlackRock, pushed the so-called ESG (environment, social, governance) agenda for years. What the left and people like Fink mean by ESG is don’t invest in or use fossil fuel energy (E), everything is racist (S), and the government is always right when Democrats are in charge (G). Fink stopped using the ESG term in 2023, although he continued to push the ESG agenda of divesting from fossil fuel companies (see
Unrepentant BlackRock Won’t Use ESG Term, Still Forces Divestment). The State of Tennessee sued BlackRock for violating consumer protection laws in December 2023 (see
Tennessee Sues BlackRock for Misleading Investors re Aggressive ESG). Tennesee's Attorney General, Jonathan Skrmetti, announced a deal with BlackRock on Friday to settle the case.
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