Florida to divest $2 billion from BlackRock amid red-state pushback to ESG

By Zach Halaschak
Published December 1, 2022 8:05pm ET
Add Washington Examiner on Google
Florida to divest $2 billion from BlackRock amid red-state pushback to ESG
Flags fly on the front of BlackRock headquarters, Wednesday, Jan. 13, 2021, in New York. The financial asset manager reports earnings Thursday, Jan. 14. | (Mark Lennihan/AP)

Florida’s chief financial officer said the state will divest some $2 billion from BlackRock, the largest such state divestment from the money manager yet over its stance on environmental and social goals.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

BlackRock ESG Florida Investment Larry Fink