The Oklahoma State Treasurer’s Office announced the ban on state business with BlackRock and 12 other financial companies over their woke ESG policies.
The Oklahoma State Treasurer’s Office has announced that it will bar 13 major financial institutions, including BlackRock, J.P. Morgan, and Bank of America, from doing business with the state over their boycotting of energy companies in the name of so-called “environmental, social, and corporate governance” (ESG) standards.
Last year, Oklahoma enacted a law requiring it to divest from companies that boycott the fossil fuel industry, and the treasurer’s office subsequently sent inquiries across the corporate world as to which companies had such practices.
According to The Wall Street Journal, George Soros is planning to buy bankrupt Vice Media at a valuation of around $400 million.