BlackRock ESG investment raises concerns about fiduciary duty
The Treasury of Indiana has revealed that a private banking company is making significant risks to its public servants from having their hard-earned savings affected by non-ffiduary actions against third-party providers, including BlackRock, Inc., and its Board of Trustees, in order to protect its assets.. (). The US government has issued an investigation into the company’s commitment to Environmental, Social and Governance (FGS) commitments which threaten to the state. Why is it being placed on watchlist for the US state has been put on hold for further action in the Indiana public retirement system amid claims that the firm is committed to promoting risky environmental, social and governance agency (CSR) investments. The company has said it is facing serious financial damage to public services and benefits of its earnings and the ability to attract and retain clients? Should it be allowed to take steps to save millions of retirees in Indiana from risk taking advantage of the risk of failing to pay tribute to them? The BBC understands how it can protect those who are at risk, writes the BBC s Daniel Elliott, who served on the board of trustee chief executives in his latest findings, but says it has not been given permission to place it on another watch list, after the States voted to put Blackrock on its watchliste. Here are five key points raised.
Source: am1050.comPublished on 2024-06-22
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