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

The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...

A lawsuit against American Airlines Group Inc. over its 401(k) plans may set the stage for a potential earthquake in the world of ESG investing.

Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...

Sustainability” investments became popular a few years back. So-called experts said companies shouldn’t just focus on profit.

Morningstar’s latest analysis shows that redemptions from European funds registered as Article 9—the name given to the EU’s strictest ESG category—reached €7.3 billion ($7.6 billion) in the final ...

The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...

We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...

American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...