The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...
Long before a Texas judge ruled that American Airlines' 401 (k) plans' ESG practices violated federal law, research showed ...
To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. BlackRock and Tennessee Attorney General Jonathan Skrmetti reached a settlement last week on the state’s ...
The class-action plaintiffs claimed that the airline financially harmed its 401(k) participants by not sufficiently scrutinizing BlackRock’s ESG principles when investing and casting proxy votes ...
The suit alleged that BlackRock overstated the financial benefits of ESG-related strategies and didn’t adequately disclose its integration of ESG factors. Skrmetti had argued that BlackRock’s ...
BlackRock’s ESG influence is evident throughout ... all of whom prioritized ESG scores when making investment decisions — might pursue this criminally. Were that to happen, Fink could find ...
Stratos Wealth Partners LTD. cut its position in iShares MSCI USA ESG Select ETF (NYSEARCA:SUSA – Free Report) by 29.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,630 shares of ...
BlackRock and the state of Tennessee reached a settlement over a lawsuit about the firm’s handling of ESG goals. REUTERS Under the settlement, BlackRock will be subject to increased transparency ...
U.S. states have withdrawn billions of dollars from Blackrock due to concerns about ESG. These changes are welcome corrections to the flawed and deeply ideological goals of ESG advocates.
Companies can no longer treat ESG as a box-ticking exercise. As media intelligence continues to influence investor decisions, regulatory compliance, and consumer trust, businesses must embrace an ...
The resolution is the latest step by New York-based BlackRock and by other firms to move away from environmental, social or governance measures. An anti-ESG backlash has gathered force among ...
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