Texas Removes BlackRock From Energy Boycott Blacklist ...Middle East

Economy by : (OILPRICE) -
Texas has removed BlackRock from its list of oil and gas investment boycotters after the asset manager shrank its ESG footprint, ending a three-year quiet confrontation that saw Texas state investment vehicles pull billions out of BlackRock. “I am pleased to announce a significant decline in the number of investment funds that boycott the oil and gas industry, as well as the removal of BlackRock Inc. from the Comptroller's office list of companies that boycott energy companies,” Texas State Comptroller Glenn Hegar said in a statement.…

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