BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management firm ...

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

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 ...

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee Consumer Protection Act. The suit alleged that BlackRock overstated the financial ...

BlackRock BLK1.34%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 ...

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 ...

By uncovering the intricate dynamics between ESG scores and scandal risks, this study offers practical tools for more precise risk management and investment strategies. It highlights the need for ...

These figures show how optimal ESG investment level is changed by the changes in different parameters. K is firm size. G is reputation level. IG is the ESG investment level. λis ESG preference.

GA, UNITED STATES, January 9, 2025 /EINPresswire / -- A recent study by an international research team unveils the intricate relationship between ESG scores and corporate scandal risks.