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 ...
GlobalCapital2d
When will BlackRock stand up and defend ESG?
The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...
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.
BlackRock and Tennessee reach settlement on ESG suit
We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...
Several state officials demand feds protect Americans' retirement plans by clearly regulating ESG investments
"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...
InvestmentNews13d
BlackRock reaches settlement with Tennessee over ESG strategy
The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...
JD Supra1d
Texas District Court ESG ruling has broader implications for ERISA plan fiduciaries
On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...
Pensions&Investments13d
Tennessee, BlackRock settle lawsuit over ESG case
The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...
Bloomberg L.P.13d
BlackRock Settles With Tennessee Over ESG Strategy
Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the ... laws by making “misleading” statements about its ESG investment strategy. “This resolution assures that the ...