We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...

Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...

BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.

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

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...

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.

BlackRock and the state of Tennessee reached a settlement over a lawsuit about the firm’s handling of ESG goals. REUTERS Under the settlement, BlackRock will be subject to increased transparency ...

Sustainable investors are getting ready to see what a two-speed world looks like. On Monday, President Donald Trump withdrew the US from the Paris Agreement, the global accord to fight climate change ...

BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee ...

Sustainability” investments became popular a few years back. So-called experts said companies shouldn’t just focus on profit.

Many state plans confirm their climate-forward and sustainable investing initiatives as BlackRock retreats from its ...