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

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the ... laws by making “misleading” statements about its ESG investment strategy. “This resolution assures that the ...

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

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.

have increased pressure on BlackRock and rivals like Vanguard and State Street over the issue. Fink said in 2023 that he had stopped using the term ESG as it had become too politicized. Sign up ...

The class-action plaintiffs claimed that the airline financially harmed its 401(k) participants by not sufficiently scrutinizing BlackRock’s ESG principles when investing and casting proxy votes ...

Big fund companies have backed off of ESG, and US funds have closed amid political pressure and as investors have pulled ...

“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 ...

First Solar agreed to refrain from using minerals mined from the deep sea, an early win for shareholder environmental ...