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BlackRock Shifts Focus: From ESG Champion to Skeptic

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the staff of the Ridgewood blog

Ridgewood NJ, in the evolving world of pension politics, BlackRock has undergone a significant transformation. Once a leading advocate for prioritizing environmental, social, and governance (ESG) considerations over investment returns, BlackRock has notably pulled back from its previous stance. The investment giant, which once spearheaded the push for ESG, now appears more skeptical than many of its peers.

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