Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...

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 ,” ...

The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.

BlackRock BLK1.38%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, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...

Sustainable investing-focused mutual funds and exchange-traded funds suffered a severe beating in 2024, producing record ...

BlackRock Inc. (BLK ... behavior" by the financial industry to "impose radical ESG-goals" on US companies. The report also criticized financial environmental alliances, saying they have created ...

BlackRock agrees to new ESG disclosures in Tennessee settlement European shares rose on Friday and were heading for their biggest one-week jump since September as falling bond yields, stronger ...

The asset management giant’s decision comes as a wave of other firms also depart their climate or Environment Social and Government (ESG) commitments. BlackRock’s exit is particularly notable ...