Some states backtrack on anti-ESG efforts, citing ‘unintended consequences’

BlackRock workers outside the firm's headquarters in New York. The asset manager has been a target for an anti-ESG campaign.

(Outlet: S&P Global Market Intelligence) Business researchers with the University of Pennsylvania’s Wharton School estimated in July 2022 that municipalities and other public entities in Texas would pay between $303 million and $532 million more in interest on the $32 billion they borrowed during the first eight months after those laws went into effect.Read More