"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 ...

To receive daily news and insights, subscribe to our free daily ESG Dive newsletter. BlackRock and Tennessee Attorney General Jonathan Skrmetti reached a settlement last week on the state’s ...

By exiting the alliance, it’s a further sign that BlackRock and corporate America in general sees even more pushback not just in ESG investing, but in all aspects of corporate wokeism.

To access the premium content on Environmental Finance, you must first sign in to your account. The EU should 'indefinite [ly] postpone' sustainability due diligence rules and delay implementation of ...

“Our participation in NZAMi didn’t impact the way we managed client portfolios,” BlackRock said in the letter signed by Vice Chairman ... he no longer uses the ESG label because it’s ...

American Airlines has never offered ESG-focused investments in its 401 (k) plan. A company spokesperson emailed a statement ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas found that American Airlines and its employee benefit committee ...

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.

BlackRock — which for years has courted controversy with its focus on so-called ESG, or Environmental Social Governance investing — is considering an exit of the so-called “Net Zero ...