The world’s largest asset manager, with more than $10 trillion in assets under management, has dropped out of the Net Zero ...

This follows an industry trend — mainly led by BlackRock and other large financial companies — of stepping back from ESG as ...

In December, US district judge Reed O’Connor rejected Boeing’s effort to settle the probe into twin crashes of its Max jets. The Texas-based judge objected to the use of diversity, equity and ...

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 Alliance,” a ...

Fink and other top executives had evangelized on the need to use the company’s investing might to force corporations to ...

Talk about bad timing. Five years ago BlackRock boss Larry Fink made tackling climate change a priority. On Thursday, the ...

Real-time index price for S&P 500 ESG (ESG), along with buy or sell indicators, analysis, charts, historical performance, news and more ...

Morgan Stanley did not provide a reason for its exit from NZBA, though it has made the move against a backdrop of growing backlash to ESG and threats ... Ken Paxton sued BlackRock Inc., State ...

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.

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