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“It could ultimately have an impact on not only its operating budgets from a year-to-year basis but also have an impact on our gigantic unfunded healthcare liability,” Folwell said.
“It could ultimately have an impact on not only its operating budgets from a year-to-year basis but also have an impact on our gigantic unfunded healthcare liability,” Folwell said.
 
House Bill 750 Protects State Pension Plan, Retirees and Employees from 'Wacktivism'
 
This action clearly shows the difference between a D and a R
In recent years, “wokeness” has invaded a place one would least expect it, the financial industry. There has been a rise in a type of investing known as ESG, which stands for Environmental, Social, and Governance standards.
In recent years, “wokeness” has invaded a place one would least expect it, the financial industry. There has been a rise in a type of investing known as ESG, which stands for Environmental, Social, and Governance standards.
 
Lawmakers push back against efforts to encourage private retirement plans to support ESG investments
 
The lack of accountability is killing the Goose That Lays The Golden Eggs
The lack of accountability is killing the Goose That Lays The Golden Eggs
 
Senate Majority Leader Chuck Schumer (D-NY) accepted more donations in the last election cycle from BlackRock and individuals affiliated with the firm than any other member of Congress.
Senate Majority Leader Chuck Schumer (D-NY) accepted more donations in the last election cycle from BlackRock and individuals affiliated with the firm than any other member of Congress.
 
Strive Asset Management Executive Chairman Vivek Ramaswamy, a former biotechnology executive and a leading voice against the ESG investing movement, teased a possible bid for the White House on Monday.
Strive Asset Management Executive Chairman Vivek Ramaswamy, a former biotechnology executive and a leading voice against the ESG investing movement, teased a possible bid for the White House on Monday.
 
Oklahoma Treasurer Todd Russ warned investment companies that they would lose access to state funds in two months if they fail to prove they are not involved in the environmental, social, and corporate governance movement, also known as ESG.
Oklahoma Treasurer Todd Russ warned investment companies that they would lose access to state funds in two months if they fail to prove they are not involved in the environmental, social, and corporate governance movement, also known as ESG.
 
BlackRock plans to dismiss some 500 workers as the asset management company seeks to contend with heavy losses.
BlackRock plans to dismiss some 500 workers as the asset management company seeks to contend with heavy losses.
 
North Carolina State Treasurer Dale Folwell had some good news to share regarding pension systems in the state at his monthly “Ask Me Anything” Q&A on Dec. 6.
North Carolina State Treasurer Dale Folwell had some good news to share regarding pension systems in the state at his monthly “Ask Me Anything” Q&A on Dec. 6.
 
President Joe Biden’s Department of Labor introduced measures to reverse a ban on environmental, social, and governance investing, also known as ESG, among fiduciaries managing retirement funds, a rule that former President Donald Trump established during his final days in office.
President Joe Biden’s Department of Labor introduced measures to reverse a ban on environmental, social, and governance investing, also known as ESG, among fiduciaries managing retirement funds, a rule that former President Donald Trump established during his final days in office.
 
The endowment supporting Harvard University lost $2.3 billion in the last fiscal year, the school’s investment arm revealed this week.
The endowment supporting Harvard University lost $2.3 billion in the last fiscal year, the school’s investment arm revealed this week.
 
The Wharton School of the University of Pennsylvania added majors last month relating to diversity, equity, and inclusion (DEI), as well as environmental, social, and governance factors for business (ESGB).
The Wharton School of the University of Pennsylvania added majors last month relating to diversity, equity, and inclusion (DEI), as well as environmental, social, and governance factors for business (ESGB).
 
While Harvard University rejects investments related to fossil fuels and is suffering in the current stock market, the University of Texas is continuing to lease its land for oil drilling, and its endowment could overtake Harvard’s.
While Harvard University rejects investments related to fossil fuels and is suffering in the current stock market, the University of Texas is continuing to lease its land for oil drilling, and its endowment could overtake Harvard’s.
 
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