How did ESG go from BlackRock's mainstream opportunity to a political battlefield?
Christiansen et al's new commentary maps the anti-ESG backlash: 418 legislative proposals, $12B in divested funds, and the rise of explicitly anti-ESG investment products.

The war on ‘woke’: anti-ESG investing and research directions in financial geography
Environmental, social and governance (ESG) investing has become a site of struggle, around which a range of actors at multiple scales and in different legal, political and financial spheres are mob...