- BlackRock is a leading proponent of the ESG movement, which critics say mingles political and social causes such as decreasing carbon emissions and achieving racial diversity in a manner that compromises or distracts from profitability.
- Schumer nevertheless accepted $103,950 from individuals associated with BlackRock and $10,000 from a political action committee controlled by the company, according to data compiled by OpenSecrets.
- “ESG opponents are trying to turn it into a dirty acronym, deploying attacks they’ve used for elements of a so-called woke agenda,” Schumer said on social media this week as the resolution moved through Congress.
