The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...
BlackRock currently manages more ... pursue nonfinancial or nonpecuniary objectives like ESG social policy objectives, rather than investment funds that have the exclusive purpose of maximizing ...
A coalition of 17 state attorneys general are cracking down on BlackRock, State Street, Invesco, J.P. Morgan, Goldman Sachs ...
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 ...
"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...
Specifically, the court focused on pro-ESG statements made by CEO Larry Fink, letters sent by BlackRock to companies ... in that agreement’s investment policy statement. Based on these facts ...
Discover what ESG investment strategies are, how they work, and why they’re growing in popularity. Learn how to invest ...
Over the past 18 months, the Environmental, Social, and Governance (ESG) agenda has suffered setbacks in corporate DEI programs, declining investment ... of dollars from Blackrock due to concerns ...