Giant global asset managers BlackRock, BNP Paribas buy big stakes West Sacramento’s Origin Materials


Two giant global asset managers, BlackRock Inc. and BNP Paribas, have reported that their stock ownership in West Sacramento-based Origin Materials Inc. has exceeded stakes of 5%.

Origin (Nasdaq ORGN) has developed technology and processes to turn wood waste materials into zero-carbon plastic that doesn’t use petroleum products.

The two asset managers reporting their holdings are among the many investors that are part of the environmental, social and governance, or ESG, movement. They consider…

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