West Virginia joins the ranks of states fighting back against the radical environmental, social, and governance movement (ESG) pushed by major financial companies like BlackRock, Goldman Sachs, JPMorgan Chase & Co., Morgan Stanley, and Wells Fargo & Co.—all of which are on the state’s Restricted Financial Institution List.
On Monday, State Treasurer Riley Moore added four more institutions to the slate—Citigroup, TD Bank, HSBC, and The Northern Trust Company, which collectively manage trillions of dollars in assets. It’s the latest in a series of recent setbacks delivered to ESG by red states.
No thanks, ESG:
Texas Pulls $8.5B From BlackRock in Stunning Blow to ESG Movement
Louisiana Pulls $794 Million From BlackRock to Protest Its Radical Environmental Policies
Moore explained that he’s not going to sit idly by while these companies effectively boycott the fossil fuel…
