Mr. Russ said the companies’ pro-ESG financial strategy, which takes into consideration climate change and social justice politics, was akin to shunning Oklahoma’s oil industry and hurting the state’s economy.
Oklahoma the latest state to boot BlackRock, other ESG-loving firms
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"I took office on January 9th and began compiling a list of companies, banks and other entities that act against Oklahoma's interests because of their ESG stance," Mr. Russ said in a statement. "It is my responsibility to ensure Oklahoman's tax dollars will not be used to enrich organizations that act counter to our taxpayers' interests and our values."
Oklahoma weighs divesting billions from BlackRock, other finance firms over climate-friendly ESG
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