BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...
Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...
The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero ...
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
This follows an industry trend — mainly led by BlackRock and other large financial companies — of stepping back from ESG as ...
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 ...
A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...
The resolution is the latest step by New York-based BlackRock and by other firms to move away from environmental, social or governance measures. An anti-ESG backlash has gathered force among ...