ESG investing draws the ire of Republican lawmakers

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(The Center Square) – BlackRock Inc., the self-proclaimed world’s largest investment manager, announced this year that it signed a Memorandum of Understanding to promote the growth of “gender lens investing.”

The term, which didn’t appear in newspapers until 2012, is described by one multi-national accounting firm as “investing in organizations that promote workplace equity … or in organizations that offer products or services that improve the lives of women in a sustainable manner.”