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BlackRock, Tennessee and ESG
Tennessee Attorney General settles ESG dispute with BlackRock
(Reuters) -Republican-led Tennessee and asset manager BlackRock settled a dispute over the company's use of ESG factors in its investment decisions, according to a statement by the state's Attorney General Jonathan Skrmetti on Friday.
BlackRock Reaches Settlement 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.
Tennessee drops BlackRock ESG suit after asset manager agrees concessions
Tennessee has dropped its landmark lawsuit against BlackRock after the $11.6tn money manager promised to increase disclosure and compliance around its use of environmental, social and governance factors in investing.
9d
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 ...
JD Supra
1d
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”) ...
12h
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 ...
The New Republic on MSN
2d
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 ...
IJR
4d
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 ...
5d
on MSN
BlackRock quits ‘Net Zero’ initiative at perfect time as woke policies contribute to devastating LA fires
It literally exited a weird, self-serving and futile environmental virtue signaling coalition of companies, sponsored by the ...
7d
on MSN
BlackRock Withdraws From Climate Coalition, Backpedaling Again on ESG
The world’s largest asset manager is latest Wall Street firm to quit climate groups.
7d
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
3d
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 ...
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