Blackrock texas comptroller
WebMar 11, 2024 · Last year, Larry Fink, founder and chief executive of BlackRock, one of the world’s largest investment companies, wrote to shareholders that the firm would make climate change “a defining factor”... WebAug 24, 2024 · Texas Comptroller Glenn Hegar on Wednesday included BlackRock on a list of 10 financial companies he has determined “boycott energy companies,” said a …
Blackrock texas comptroller
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WebApr 12, 2024 · Specifically, SB 13 requires the Texas Comptroller to develop and maintain a “blacklist” of financial entities that boycott fossil fuel companies. In August 2024, Comptroller Glen Hager released a list of companies and investment funds barred from doing business with the state. WebMar 16, 2024 · BlackRock representatives have met with Texas state leaders trying to smooth things over, and highlighting their fossil fuel investments. CEO Fink also wrote a letter this year flatly stating that the firm does not pursue fossil fuel divestment.
WebAug 30, 2024 · BlackRock Chief Client Officer Mark McCombe said the company will work to leave the list and that clauses within the new law should allow it to keep current … WebMar 17, 2024 · BlackRock officials earlier this year met with Texas leaders and outlined the firm’s multibillion-dollar oil and gas investments (Climatewire, Feb. 24). But Republicans have been unswayed,...
WebAug 24, 2024 · Texas Comptroller Glenn Hegar on Wednesday included BlackRock on a list of 10 financial companies he has determined “boycott energy companies,” said a news release on his website. WebFeb 20, 2024 · A new law in Texas authorizes the state comptroller's office to deny any investment firm that discriminates against the oil and gas industry access to investments …
WebMar 16, 2024 · Now the Texas comptroller's office is creating a list of companies that could face a state boycott. On Wednesday, Comptroller Glenn Hegar sent a letter to 19 …
WebAug 25, 2024 · Texas’ comptroller Wednesday placed BlackRock, BNP Paribas, Credit Suisse, UBS and six other financial firms on a list of companies that “boycott” the fossil-fuel sector — a move that requires state pension funds to divest from the companies. A list of 348 mutual funds was also marked for divestment. joint commissioning health and social careWebMar 16, 2024 · There are exemptions that allow the comptroller to consider the financial impact of divestment. But in the long run, the law could mean that Texas pulls billions in pension funds and school... joint commission inspection scheduleWebJan 20, 2024 · BLACKROCK INC 643.25 USD +6.54 +1.03% CL1 WTI Crude 67.50 USD/bbl. +0.76 +1.14% Texas is taking issue with BlackRock Inc. Chief Executive Officer Larry Fink’s latest annual letter, in which... how to hide yourself on mutual friendsWebAug 25, 2024 · BlackRock does not boycott fossil fuels — investing over $100 billion in Texas energy companies on behalf of our clients proves that,” BlackRock spokesman Brian Beades told Axios on Wednesday. … joint commission international nederlandWebMay 19, 2024 · May 19 (Reuters) - BlackRock Inc (BLK.N), JPMorgan Chase & Co (JPM.N) and other top financial firms have told a Texas official they are not boycotting energy companies, responding to a request for information that could determine if they are able to continue to manage state funds. how to hide your search in linkedinWebMar 16, 2024 · Texas Comptroller Glenn Hegar wrote to the 19 firms on Wednesday demanding more information about their investment strategies for oil, natural gas and coal. The Texas Capitol in Austin on... joint commission internationalWebTexas Comptroller Glenn Hegar sent letters to 19 financial firms Wednesday afternoon to determine whether they were violating a new state law that prohibits companies from “boycotting” fossil... how to hide yourself