Florida divests $2B from BlackRock as movement against woke investing matures

Renzo Downey

Renzo Downey covers state government for Florida Politics. After graduating from Northwestern University in 2019, Renzo began his reporting career in the Lone Star State, covering state government for the Austin American-Statesman. Shoot Renzo an email at [email protected] and follow him on Twitter @RenzoDowney.


4 comments

  • Albert Stroberg

    December 1, 2022 at 4:49 pm

    Interesting they are doing exactly what they decry- investing based on ideology.

  • Joe Corsin

    December 1, 2022 at 5:23 pm

    What the hell do those people do for you? Are you rich because of those people? Fk no! You’re still making the same amount of gd money you made 6 years ago.

  • Joe Corsin

    December 1, 2022 at 5:24 pm

    Get woke or go broke you Nazi Lowrider SOB!!!

  • Caitlin

    December 2, 2022 at 6:40 am

    In future coverage of this subject it would be worth mentioning that the pushback on ESG is coming from ALEC, which has been promoting their pre-written (by corporate lobbyists) bills in legislatures across the country. Obviously the fossil fuel companies that give $$ to ALEC don’t want to lose investments. As for BlackRock, far from being “woke,” this is more likely a PR move on their part, as they are a major investor in climate-destroying projects. At best, they can see the writing on the wall and know that fossil fuels will not be a good investment forever and it’s best from a financial perspective to diversify.
    See: https://alec.org/article/alec-in-the-washington-examiner-model-policy-to-fight-esg-investment-schemes/
    https://blackrocksbigproblem.com/

Comments are closed.


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