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Tennessee, BlackRock Settle ESG Case
BlackRock agrees to new ESG disclosures in Tennessee settlement
Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a legal settlement with Tennessee Attorney General Jonathan Skrmetti, his office said on Friday.
BlackRock Settles With Tennessee Over ESG Strategy
Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly breaching consumer protection laws by making “misleading” statements about its ESG investment strategy.
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
11d
on MSN
BlackRock may exit woke business climate group Net Zero Alliance as backlash over ESG investing widens
Larry Fink had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon ...
Business Times
7h
Record US$20 billion pulled from US ESG funds after Republican party attacks
US fund managers trying to sell ESG strategies just had their worst year ever. Read more at The Business Times.
JD Supra
2d
American Airlines Breaches Fiduciary Duty of Loyalty with BlackRock ESG Funds in 401(k) Plans
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...
9d
BlackRock quits climate group as Wall Street lowers environmental profile
BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the ...
InvestmentNews
5d
401(k) ESG lawsuit order cites 'cartel-like behavior,' could prompt more litigation
Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...
2d
Why the ESG pushback isn’t about Trump
Large parts of the world want access to the things we take for granted, and that means large amounts of reliable and ...
IJR
6d
DAVID BLACKMON: ESG Is Collapsing And Net Zero Is Going With It
As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations ...
Opinion
The New Republic on MSN
4d
Opinion
The Right-Wing Judge on a Mission to Destroy ESG Retirement Planning
The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...
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