BlackRock, Tennessee and ESG proposals

BlackRock Settles With Tennessee Over ESG Strategy
Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly breaching consumer protection laws by making “misleading” statements about its ESG investment strategy.
Tennessee Attorney General settles ESG dispute with BlackRock
Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock on Friday, resolving allegations that the asset manager misled customers regarding the role of ESG factors in its investment practices.
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management firm downplayed how large a role environmental, social and governance proposals made in its investment process.
Tennessee, BlackRock settle lawsuit over ESG case
The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee Consumer Protection Act. The suit alleged that BlackRock overstated the financial benefits of ESG-related strategies and didn’t adequately disclose its integration of ESG factors.
Tennessee drops BlackRock ESG suit after asset manager agrees concessions
The state’s Republican attorney-general Jonathan Skrmetti sued BlackRock in 2023, accusing the money manager of violating consumer protection laws and taking an inconsistent approach about whether it prioritised ESG considerations over investment returns.
Tennessee announces settlement with BlackRock over ESG practices
Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock (BLK), resolving allegations that the company misled
At aviation meeting, ESG takes backseat to jet shortages
A major annual air finance gathering largely skirted round the topic of sustainability this week - a rare departure from the ...
ESG plummets among business priorities amid global upheaval
ESG has fallen both in terms of the proportion of businesses citing it as a main priority and in relation to other major ...
JD Supra13m
Top 10 Trends Sneak Peek: ESG and Human Rights in the Supply Chains
NAVEX is hosting the Top 10 Trends in Risk and Compliance webinar. This post is a preview of two of the topics covered in the ...
Pensions&Investments2h
ESG fund outflows, closings set records in 2024 — Morningstar
Sustainable investing-focused mutual funds and exchange-traded funds suffered a severe beating in 2024, producing record ...
Could ESG Funds be Removed from Your 401(k) Plan?
American Airlines case did not involve ESG funds or ESG products. Rather, the lawsuit took aim at the airline for using an ...
American Airlines ESG investing strategy violated federal law, judge rules
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...
Sebi relaxes on timeline for review of ESG rating on BRSR publication
To promote ease of doing business, markets regulator Sebi on Friday provided relaxation in the timeline for review of ESG ...
Top railway ESG deals in 2024
A look back at the top rail industry trends of 2024, focused on ESG deals including the development of hydrogen fleets.