A federal judge in Texas ruled against American Airlines after the company centered employee retirement plans on ...
(k) plans run by money management firms that incorporate environmental, social, and governance (ESG) factors in their investment decisions are under attack.
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.
Business travel emissions have risen at the major U.S. banks that recently quit global net-zero banking alliances.
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
The lawsuit filed in 2023 alleged unfair impact on the asset management giant's non-ESG funds due to its involvement in ...