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Texas Lifts BlackRock Blacklist, Cites Economic Commitment

6/4/2025

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Summary

Story summary

Texas Comptroller Glenn Hegar has lifted BlackRock from its blacklist, acknowledging the investment giant's recent exit from Climate Action 100+ and the Net Zero Asset Managers initiative. Hegar emphasized BlackRock's dedication to Texas's economy and its significant investments in energy firms, challenging previous assertions of a boycott.

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Story summary

Texas Comptroller Glenn Hegar has lifted BlackRock from its blacklist, acknowledging the investment giant's recent exit from Climate Action 100+ and the Net Zero Asset Managers initiative. Hegar emphasized BlackRock's dedication to Texas's economy and its significant investments in energy firms, challenging previous assertions of a boycott.