Recently, major banks announced their departure from the Net-Zero Banking Alliance. This is a victory for Kentucky's retirement system and its future.

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

JPMorgan Chase, Bank of America, Citi, Goldman Sachs, Morgan Stanley and BlackRock were all asked about how they plan to implement or have implemented hiring or supplier diversity goals.

BlackRock Settles With Tennessee Over ESG Strategy In deal, BlackRock will boost transparency of voting practices Money manager says it always acts in best interest of clients ...

In deal, BlackRock will boost transparency of voting practices Money manager says it always acts in best interest of clients Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the ...

the corporate response to social movements like Black Lives Matter, and the backlash to ESG efforts by conservatives. He writes the weekly Reuters Sustainable Finance Newsletter. CEO Kelly Ortberg ...

In response, Chief Executive Officer Larry Fink has said he no longer uses the ESG label because it’s become too politicized. The Tennessee lawsuit was the first by a GOP official against an ...

An anti-ESG backlash has gathered force among Skrmetti and other Republican politicians including incoming U.S. President-elect Donald Trump. Skrmetti sued BlackRock late in 2023, alleging it did ...

Tennessee Attorney General Jonathan Skrmetti has reached a settlement with BlackRock, Inc., ending a lawsuit over the company's use of Environmental, Social, and Governance factors in its ...

While a US federal judge recently ruled that a corporate pension fund had breached federal law by allocating to ESG investments, in the UK some stakeholders will next month gather to discuss “the ...

If upheld on appeal, the ruling threatens to upend the entire retirement plan industry by opening 401(k) managers to litigation and penalties for using ESG factors as part of their investment ...