The world’s largest asset manager is latest Wall Street firm to quit climate groups.

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 ...

Federal Judge Reed O’Connor ruled in Spence v. American Airlines that the airline breached its fiduciary duties under the Employee Retirement Income Security Act (ERISA) by choosing a retirement fund ...

NEW YORK, September 12, 2024--Today, each of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust ...

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.

A political backslash recently forced Fink and BlackRock to reverse course on ESG and now other big ESG ... de facto hiring quotas illegal, prompting scores of companies to now reverse their ...

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 ...

Get Instant Summarized Text (Gist) The analysis of over 13,000 corporate events across 86 countries reveals that while high ESG scores indicate a company's commitment to sustainability, they may ...