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.

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

Andrew Walworth spoke to Andrew F. Puzder about his new book, "A Tyranny for the Good of its Victims: The Ugly Truth about ...

Case over pension scheme management highlights rising risks of legal challenges over environmentally-focused policies ...

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

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

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

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.

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 ...