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 notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...

ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...

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

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

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.

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