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"Texas School Fund Divests $8.5 Billion from BlackRock Over ESG Policies"

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Source: Bloomberg
"Texas School Fund Divests $8.5 Billion from BlackRock Over ESG Policies"
Photo: Bloomberg
TL;DR Summary

Texas's $53 billion Permanent School Fund has decided to divest $8.5 billion from BlackRock due to the investment company's fossil fuel policies, prompting a strong response from BlackRock, which warned of financial repercussions for the state's schools.

Topics:business#blackrock#divestment#finance#fossil-fuels#investment#texas
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  1. Texas School Fund Pulls Investment From BlackRock Over Fossil-Fuel Policies  Bloomberg
  2. Texas schools pull $8.5 billion from BlackRock over fossil fuel ‘boycott’  The Hill
  3. Texas yanks $8.5B from Larry Fink's BlackRock in 'massive blow against the scam of ESG'  New York Post
  4. Texas Permanent School Fund terminates $8.5 billion from BlackRock as result of anti-ESG law  Pensions & Investments
  5. Texas schools fund pulls $8.5 billion from BlackRock over ESG investing  Yahoo Finance

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