ESG, Larry Fink, and Other Peoples’ Money

This op-ed by NLPC Chairman Peter Flaherty appears today on Real Clear Markets: Last week, Exxon Mobil, one of the world’s largest publicly traded international oil and gas companies, lost a critical board fight with Engine No.1, a “woke” small investor group. The win was predictably spun by the mainstream media as a David vs. […]

Study Debunks BlackRock Claims that ESG Funds Did Better During COVID

So-called environmental, social and governance (ESG) priorities, as applied to investment principles, have seen a massive influx of cash during the COVID-19 pandemic – so much so that influential financial firm leaders have celebrated them as better performers than normal “make-a-profit” funds. But is that really true? Mega-firm BlackRock and CEO Larry Fink have called greater attention […]

BlackRock Threatens U.S. Firms While Coddling Chinese Polluters

Apparently true to its word – or at least virtue-signaling a head fake in that direction – mega-investor BlackRock put some companies in its portfolio on notice that their efforts to address transparency and mitigation regarding “climate change” are insufficient. The $6.5 trillion firm announced earlier this week in a report that it had warned […]