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.

As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations created one such institution, the “ Net Zero Asset Managers Initiative ,” ...

BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...

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