A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...

The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...

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

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

Morningstar’s latest analysis shows that redemptions from European funds registered as Article 9—the name given to the EU’s strictest ESG category—reached €7.3 billion ($7.6 billion) in the final ...

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

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 ...

American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...

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 ...

The resolution is the latest step by New York-based BlackRock and by other firms to move away from environmental, social or governance measures. An anti-ESG backlash has gathered force among ...