Our legendary editor Robert Bartley used to quip that it takes no less than 65 editorials on a topic to actually have an effect. We all know what he meant after laboring within the vineyards lo these a few years to attract consideration in editorials to the politicized investing that travels below the tasteless label ESG, for environmental, social and governance.
Latest occasions present that the backlash towards ESG investing has lastly arrived. Close by, Arizona Lawyer Basic Mark Brnovich explains how he and 18 different state AGs are looking for solutions from the investing large BlackRock about its political agenda. BlackRock—a titan of passive funding funds—has been a pacesetter in impressing ESG requirements on the firms it invests in.
