As ESG-linked pay among executives rises, HEC Paris professor Matthias Efing warns of symbolic metrics over real impact, ...

"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...

Long before a Texas judge ruled that American Airlines' 401 (k) plans' ESG practices violated federal law, research showed ...

American Airlines has never offered ESG-focused investments in its 401 (k) plan. A company spokesperson emailed a statement to ESG Dive stating that the oversight of BlackRock's proxy voting aligns ...

401(k) plans run by money management firms that incorporate environmental, social, and governance (ESG) factors in their investment decisions are under attack. The case, likely to be appealed ...

"Stakeholder capitalism is the notion that instead of having obligations to investors, like pension funds and 401k plans, corporations have a broader duty to their so-called stakeholders," Puzder ...

In other words, investing a 401(k) retirement plan to reflect ESG interests--rather than strictly financial ones--constitutes a breach of the fiduciary duty of loyalty. (Notably, despite this ...

But here’s the thing: I still can’t find a big company that is backing off its ESG plans. Earlier this week, I moderated a virtual call among members of the Fortune Impact Initiative ...

“American has never offered ESG investment options in our 401(k) plan. In fact ... ahead of President-elect Donald Trump’s return to office. BlackRock is not a party in the lawsuit.

American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has sparked debates over the role of environmental, social and governance (ESG ...