Louisiana

Louisiana to remove $794 mln from BlackRock funds over ESG drive

Published

2 years ago

October 5, 2022

Louisiana to remove $794 mln from BlackRock funds over ESG drive

Oct 5 (Reuters) – Louisiana will pull $794 million out of BlackRock Inc’s funds, state Treasurer John Schroder mentioned on Wednesday, citing the asset administration large’s push to embrace environmental, social and governance (ESG) funding methods.

“This divestment is important to guard Louisiana from mandates BlackRock has referred to as for that may cripple our crucial power sector,” Schroder mentioned in a press release.

The U.S. state has already withdrawn $560 million from the funds thus far, he mentioned.

Register now for FREE limitless entry to Reuters.com

BlackRock didn’t instantly reply to a Reuters’ request for remark.

The corporate, which managed practically $8.49 trillion of belongings as of June 30, has confronted criticism from many sides within the debate on low-carbon fuels.

Whereas environmentalists have protested that the world’s largest asset supervisor does too little to press for change at fossil gasoline portfolio corporations, Republican politicians have accused it of boycotting power shares.

Register now for FREE limitless entry to Reuters.com

Reporting by Niket Nishant and Mehr Bedi in Bengaluru; Modifying by Sriraj Kalluvila

Our Requirements: The Thomson Reuters Belief Ideas.

Source link

Related Topics:AMERS BACT BISV BISV08 BLR CEFU CINV CMPNY CORGOV ENV ESG ESGREG Featured FIN FINS FINS08 fund GEN INVBIS INVM INVM1 INVS08 INVT08 MNGISS NAMER PRIVT PUBL RSBI:ESG-REGULATION SUSTAINABLE-BUSINESS us USALA

Click to comment

Louisiana

Louisiana lawmakers to debate bill classifying abortion pills as dangerous controlled substances

Published

44 mins ago

May 20, 2024

Press Room

Louisiana lawmakers to debate bill classifying abortion pills as dangerous controlled substances

Louisiana lawmakers will debate a bill to criminalize the possession of two abortion medications, potentially imposing up to ten years in prison for possession without a prescription. The bill has sparked pushback from physicians who warn that the classification will hinder access to the medications for other uses.

Source link

Louisiana

Saucier man identified as motorcyclist killed in crash in Louisiana

Published

8 hours ago

May 19, 2024

Press Room

Saucier man identified as motorcyclist killed in crash in Louisiana

LAFOURCHE PARISH, La. (WLOX) – Saucier native Dustin Craven, 30, has been identified as the victim of a fatal single-vehicle crash in Louisiana, officials announced on Sunday.

The crash took place during the early morning hours of Sunday on Louisiana Highway 20 near Farmer Lane in Lafourche Parish. Craven, the driver of a 2022 Harley-Davidson Street Glide, was traveling south when the motorcycle left the roadway and struck a utility pole, causing him to be ejected.

As a result, Craven received fatal injuries and died at the scene.

The cause of the crash remains under investigation.

See a spelling or grammar error in this story? Report it to our team HERE.

Source link

Louisiana

Live Updates: No. 14 Alabama Softball vs. Southeastern Louisiana (Tuscaloosa Regional Final)

Published

15 hours ago

May 19, 2024

Press Room

Live Updates: No. 14 Alabama Softball vs. Southeastern Louisiana (Tuscaloosa Regional Final)

TUSCALOOSA, Ala. — In a high-stakes NCAA Regional final qualifier on Saturday morning at Rhoads Stadium, Alabama Softball and Southeastern Louisiana went into extra innings. Riley Valentine, coming in as a pinch hitter, ignited a five-run rally in the ninth inning with a home run, propelling the Crimson Tide to a 6-3 victory.

After climbing their way back in the loser’s bracket, the Lions and Crimson Tide are set to face off once more on Sunday with a trip to the super regionals on the line. First pitch is scheduled for 1:00 p.m. CT on ESPN2.

BE SURE TO REFRESH YOUR BROWSER FOR THE LATEST UPDATES

(most recent at the top)

Current Score – T3: Alabama 9, SLU 2.

Top Third – SLU Batting:

Bottom Second – Alabama Batting:

Top Second- SLU Batting:

Bottom First – Alabama Batting:

Top First – SLU Batting:

Pregame:

Alabama	SLU
Kristen White	Ka’Lyn Watson Advertisement
Larrissa Preuitt	Chloe Magee
Kenleigh Cahalan	Maria Detillier
Jenna Johnson Advertisement	Bailey Krolczyk
Marlie Giles	Lexi Johnson
Bailey Dowling	Maddie Watson Advertisement
Kali Heivilin	Audrey Greely
Riley Valentine	Colleen Kulivan
Emma Broadfoot Advertisement	Cam Goodman
P: Jocelyn Briski	P: Ellie DuBois