Tennessee, BlackRock Settle ESG Case

BlackRock Settles ESG Disclosure Dispute with Tennessee Attorney General
BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee Attorney General Jonathan Skrmetti over its use of sustainable-investment factors.
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
BlackRock agrees to new ESG disclosures in Tennessee settlement
Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a legal settlement with Tennessee Attorney General Jonathan Skrmetti, his office said on Friday.
BlackRock Reaches Settlement With Tennessee Over ESG Strategy
Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly breaching consumer protection laws by making “misleading” statements about its ESG investment strategy.
Tennessee settles lawsuit with BlackRock
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers. Attorney General Jonathan Skrmetti filed a consumer protection lawsuit against the investment firm in December 2023.
Tennessee, BlackRock Settle ESG Case after Asset Manager Agrees to Concessions
BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.
Wall Street Journal11d
BlackRock Withdraws From Climate Coalition, Backpedaling Again on ESG
BlackRock BLK1.38%increase; green up pointing triangle is pulling out of a United Nations-sponsored climate initiative, a remarkable U-turn for a company that was once a poster child of the ...
Pensions&Investments4d
Tennessee, BlackRock settle lawsuit over ESG case
The suit alleged that BlackRock overstated the financial benefits of ESG-related strategies and didn’t adequately disclose its integration of ESG factors. Skrmetti had argued that BlackRock’s ...
Yahoo Finance4d
BlackRock Settles With Tennessee Over ESG Strategy
The Tennessee lawsuit was the first by a GOP official against an investment firm for its ESG strategy. In November, BlackRock, along with Vanguard Group Inc. and State Street Corp., was sued by ...