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BlackRock, ESG, and ‘The Great Reset’
After years of slander, BlackRock is getting into Bitcoin. However, while BlackRock may pump Bitcoiners’ bags, it is vital to remain vigilant and remember that the powerful BlackRock, with $10 trillion assets under management, remains one of the biggest climate agenda shills on the planet.
Environmental Social Governance (ESG) has been working its way into investing guidelines for some years under the leadership of BlackRock CEO and board of trustees member at the World Economic Forum, Larry Fink.
What is ESG?
ESG is a term that encompasses several different concepts; climate change, sustainability, green technology, and social justice issues such as workers' rights, working conditions, shifting societal norms, and exploitation of minorities as examples.
It is possible that the ESG ranking of a company or investor will be the determining factor in whether the company or investor will receive investment.
It should not come as a surprise; the concepts of ESG integrate the objectives of the business with those of the state. Rather than concentrating just on the interests of the firm and its shareholders. Sovereign governments, corporations, international organizations, and big tech in bed together sounds like economic fascism.
“When one gets in bed with government, one must expect the diseases it spreads.” — Ron Paul
BlackRock, ESG, and the Great Reset
In June of 2020, elites gathered together to talk about a plan that they ominously referred to as “The Great Reset."
At the gathering in June, many influential international leaders and organizations, as well as the WEF, considered the essential ringleader of the Great Reset, expressed their commitment to supporting the agenda. This gathering in D.C. went on for a total of three days.
Members of the climate cabal repeatedly stated that climate change served as the long-term justification that would allow for a sustained, massive transformation of society. The pandemic caused by COVID-19 served as the initial justification for the Great Reset.
They stated that if there were no urgent action, it would put the human race in danger of an "existential threat." This argument pushes this to make people fearful and accept the move towards a system of control.
Along with BlackRock, influential members of the Great Reset movement are the CEOs of substantial financial corporations and firms such as Bank of America and MasterCard.
Great Reset disciples have called for significant increases in government welfare programs, such as job guarantees and health care provided by the government; among other things, ESG metrics are at the core of the Great Reset.
How environmentally conscious is the company?
Do they have "the correct" proportion of people from minority groups?
Or shame shame, is the business involved in politically disfavored businesses (such as gun manufacture production and sales, natural gas, Bitcoin mining), amongst other industries.
The plans to restructure the world that are part of the Great Reset contain some essential components.
The utilization of ESG techniques and systems
The encouragement of “sustainable” practices regarding investments
The obligation placed on nations to adopt "green" forms of energy production.
In order to fulfill their objectives, they intend to exercise control over every aspect of human existence, no matter where on the planet people are. They define themselves as globalists. As a crucial enabling tool, they wish to establish global electronic money that permits the surveillance of every transaction.
These new "green" plotters desire a complete overhaul of global governance with themselves at the helm.
The World Economic Forum is orchestrating methodically what it calls "The Great Reset." They are so sure of the success of their initiatives that they promise that by 2030,
"You will own nothing and be happy."
The World Economic Forum openly promotes the notion that they would undermine enterprises, governments, banking institutions, royal families, mainstream media, university institutions, massive religions, and "young global leaders."
It is interesting to note some of the members and their propensity for totalitarianism:
Jacinda Arden of New Zealand
Additionally, the World Economic Forum lists Prime Minister Justin Trudeau as a "Agenda Author."
States are Fighting Back
States are taking on Blackrock and those that aim to dictate economic and social matters under the guise of ESG.
Florida Governor Ron Desantis banned state pension funds from participating in ESG investments.
BlackRock was listed as a firm which the state of West Virginia will not be doing business with due to their climate agenda.
Fink and his associates made it clear that they would attempt to coerce corporations to follow their aims and decarbonization initiatives, the ones causing chaos all around the world.
State Attorney Generals wrote a letter to Fink just over a week ago responding to statements from Mark McCombe, Black Chief Client Officer.
“Mr. McCombe posit[ed] that BlackRock is agnostic on the question of energy, and merely offers investing clients a range of investment options in the energy sector. But this claimed neutrality differs considerably from BlackRock’s public commitments which indicate that BlackRock has already committed to accelerate net zero emissions across all of its assets, regardless of client wishes.”
To send the point home the Attorney Generals used BlackRock’s own words against them.
“BlackRock has committed to ‘[i]mplement a stewardship and engagement strategy, with a clear escalation and voting policy, that is consistent with our ambition for all assets under management to achieve net zero emissions by 2050 or sooner.’”
Using $10 trillion of AUM for personal and political purposes is technically a violation of BlackRock's transparency and fiduciary obligations, as Fink implied when he said the firm was not breaking them since it offered investors other choices. However, if Fink disregarded the consequences of investors' choice and considered all the funds as if invested in politically motivated investment entities, that choice is culpable and irresponsible.
Written by @SatsforLife