Tennessee, BlackRock Settle ESG Case

BlackRock agrees to new ESG disclosures in Tennessee settlement
Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a legal settlement with Tennessee Attorney General Jonathan Skrmetti, his office said on Friday.
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.
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
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 Attorney General settles ESG dispute with BlackRock
(Reuters) -Republican-led Tennessee and asset manager BlackRock settled a dispute over the company's use of ESG factors in its investment decisions, according to a statement by the state's Attorney General Jonathan Skrmetti on Friday.
Tennessee settles lawsuit with BlackRock
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers. Attorney General Jonathan Skrmetti filed a consumer protection lawsuit against the investment firm in December 2023.
Business Times12h
Record US$20 billion pulled from US ESG funds after Republican party attacks
US fund managers trying to sell ESG strategies just had their worst year ever. Read more at The Business Times.
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 ...
Performance Insights: The S&P 500 Equal Weight ESG Index
Since its launch in July 2022 to year-end 2024, the S&P 500 Equal Weight ESG Index achieved a cumulative outperformance of ...
Pensions&Investments1d
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 ...
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 ...
How ESG will accelerate growth in Indian companies
As per KPMG in Indias 2024 India CEO Outlook, CEOs in India and across the world are taking a long-term view on ESG ...
Cowboy State Daily1d
Anti-ESG Bill Hits Wall Of Opposition, Debate Will Continue Monday
An anti-ESG bill that would block investment into companies that go against Wyoming’s oil and gas industries hit a wall of ...
JD Supra1d
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 ...
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 ...