Pitchfork-Wielding Climate Activists Protest at BlackRock Headquarters
Meanwhile, BlackRock, the world’s largest asset manager, has drawn scorn from Republicans over its support for companies following environmental, social and governance, or ESG, principles they consider to be aligned with liberal politics.
Opposing what they consider BlackRock’s so-called “woke” ESG political agenda, officials in several states have removed hundreds of millions of dollars from the firm and other “anti-fossil fuel” institutions or threatened to take action.
BlackRock Alternatives announced this week that it has raised $4.5 billion in initial investor commitments — more than half its targeted size — for the BlackRock Global Infrastructure Fund IV to invest in essential infrastructure assets and business globally involved in three global energy transition trends: decarbonization, decentralization and digitalization.
The fund will target investments in five sectors: energy and environmental, low carbon power, regulated utilities, transportation and logistics, and digital infrastructure.
