Is ESG Coming To An End?

Florida & Texas deliver a one-two punch to Black Rock over their ESG policies, Vanguard responds by dropping NZAM.

Vanguard, the world’s second-largest investing firm, announced last Wednesday that they were pulling out of the Net Zero Asset Managers initiative, a group whose goal is to encourage fund firms to reach net zero emission targets by 2050 by implementing ESG standards. What are ESG standards?

“Environmental criteria consider how a company safeguards the e…