The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...
On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...
In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...
He said in an interview with Bloomberg in January — a month after an activist investor went after BlackRock and Fink over ESG policy concerns ... ESG factors into investment decision-making ...
"Because we believe that climate risk is investment risk, BlackRock’s active portfolio managers seek to understand how they can use environmental, social, and governance (ESG) data as a lens to ...
ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...
The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.
The cease-and-desist accuses BlackRock of misconstruing the investment strategies of the non-ESG funds ... with a clear ...
The asset management giant’s decision comes as a wave of other firms also depart their climate or Environment Social and Government (ESG) commitments. BlackRock’s exit is particularly notable because ...
The collapse of net zero alliances among investment firms and banks represents the third pillar of the progressive left to ...
Tennessee AG Skrmetti settles with BlackRock over ESG disclosures, ensuring transparency and fidelity to investors' interests ...