To receive daily emails from Breaking Christian News to your inbox CLICK HERE


SHARE THIS ARTICLE Printer friendly version of this page

Report: BlackRock Using Oklahomans' Pension Funds to Advance Radical ESG Proposals

Craig Bannister : Jul 2, 2024  MRCTV.org

"BlackRock doesn't want to be the next Bud Light—and until they stop putting a political agenda over their fiduciary duty with our pension funds, Oklahoma won't be doing business with them." -Gov. Ken Stitt via X

[MRCTV.org] BlackRock, the world's largest investment management company, is using Oklahomans' pension funds to promote radical leftist Environmental, Social and Governance (ESG) policies, a new analysis reveals. (Screengrab image: via YouTube)

In a memorandum to "Interested Parties" titled "BlackRock is Using OPERS' Investments to Push a Woke Agenda," the American Accountability Foundation (AAF) details how the woke investment manager controls $4.4 billion of equity investments of the Oklahoma Public Employees Retirement System (OPERS)using that proxy voter authority to advance pro-ESG, anti-energy shareholder resolutions.

In its analysis, AAF discovered 54 instances of BlackRock votes on behalf of OPERS in support of ESG-driven shareholder proposalsand against the citizens of Oklahoma, especially when it comes to the state's oil and gas industry:

"[T]he proxy votes highlighted in this report cast by BlackRock—votes that effectively weaponize OPERS' own investments against the citizens of the state of Oklahoma—show that BlackRock is regularly supporting shareholder proposals that harm oil and gas companies, as well as the end-users of petroleum products. Additionally, we identify dozens of other votes cast by BlackRock in favor of woke corporate policies that run afoul of Oklahoma values."

BlackRock proxy votes in favor of ESG proposals cast on behalf of shareholders of prominent companies among the 54 include:

  • Alphabet, Inc. (Google's parent) Oversee and Report a Third-Party Racial Equity Audit and Commission Third Party Assessment of Company's Management of Misinformation and Disinformation Across Platforms
  • Berkshire Hathaway, Inc. Report on Effectiveness of Diversity Equity and Inclusion Efforts and Metrics and Report on Physical and Transitional Climate-Related Risks and Opportunities
  • Dominion Energy, Inc.: Report on the Risk of Natural Gas Stranded Assets.
  • ExxonMobil: Report on Scenario Analysis Consistent with the International Energy Agency's Net Zero (emissions) by 2050 agenda.
  • Johnson & Johnson: Oversee and report on a Racial Equity Audit.
  • Meta Platforms (formerly, Facebook): Report on Human Rights Impact Assessment of Targeted Advertising.
  • Sysco Corp.: Report on Efforts to Reduce Plastic Use.
  • Tesla: Report on Corporate Climate Lobbying in line with the Paris Climate Agreement.
  • The Travelers Companies: Report on Efforts to Measure, Disclose and Reduce GHG Emissions Associated with Underwriting.
  • The Kroger Co.: Report on Gender/Racial Pay Gap.
  • The Walt Disney Co.: Report on Gender/Racial Pay Gap.
  • Tysons Foods: Report on Sustainable Packaging Efforts.

"This information proves once again why BlackRock must be avoided," AAF President Thomas Jones told the Daily Caller News Foundation., which obtained a copy of the memorandum. "These woke bankers and Wall Street elites are using taxpayer dollars to impose a leftist agenda on America, while making a hefty profit for themselves," Jones warned. Subscribe for free to Breaking Christian News here

Read more at the Daily Caller News Foundation.







SHARE THIS ARTICLE Printer friendly version of this page

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

Other Recent Articles from Breaking Christian News

Baptisms in the Ocean: Signs of Revival in Cancun

From Abortion to Redemption: Stories of Life Took Center Stage at California's March for Life

'These Monuments Matter': White House Installs Revived Christopher Columbus Statue Leftists Destroyed in 2020-PHOTOS

Drones, Data, and the Soldiers Rewriting Warfare: Inside the Army's New Approach

What People (and MSM) Need to Understand about Iran, and What President Trump Undoubtedly Knows

Two Air Canada Pilots Identified; Their Actions Likely Saved the Lives of Their Passengers

Poll: 83% Of Voters Think Ballots 'Should Be Received by Election Day'

Democrats Predicted ICE Would Terrorize Airports. Here's What Actually Happened

Freed Korean Pastor after Controversial Arrest, Credits God's Grace, Prayer and US Intervention

Pro-Family Tech Coalition Launches to Protect Kids from AI Threats

Poll: Most Americans Back Limits on School Activism

Dems Vote against SAVE America Act Amendment Protecting Girls' Sports

Supreme Court Hears Arguments in Mail-in Ballot Case

Trump Gives Big Update on Ultimatum to Target Power Facilities; Iran Shocks World with ICBM Strikes

Prayer Alert: 2 Pilots Dead, 41 Hospitalized after Air Canada Flight Collides with Fire Truck at LaGuardia Airport

Prayer Alert: Historic Hawaii Floods Leave 2,000 People Without Power

Ahead of the 250th Anniversary of America, the BIBLE Will Be Read Cover-to-Cover in DC

'We Saw Over 500 Make Decisions for Christ': Revival Hits Texas Universities

Shameful: Arkansas Gov Huckabee Asked to Leave Restaurant by Triggered Staff

Why Did the Biden Administration Cover Up Chinese Interference in Our Elections?



Search the Articles Archives

Keyword:  
Author:  
Words Posted On:  
Day Month Year



Subscribe to
Breaking Christian News


Follow BCN on Twitter
Are You Praying for Our Government Leaders?
BCN Staff

Steve Shultz
Steve Shultz, Managing Editor
Founder and Owner


Aimee Herd
Aimee Herd, Editor


BCN Plus
Are You Praying for President Trump?
 
 

All articles on this site and emails from BCN are copyrighted property of Breaking Christian News. Permission is given to link to, or share a BCN story if proper attribution is given to both the original writer and summarizer of the story. Breaking Christian News 2005-2019. All Rights Reserved.


Breaking Christian News is a division of Elijah List Publications, Inc. All Rights Reserved


Disclaimer: Articles and links, as well as the source articles linked to; do not necessarily reflect the opinion of Breaking Christian News.

editor@breakingchristiannews.com