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

BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.

Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) ...

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

The notorious Reed O’Connor is back with another one of his patented-troll decisions, this time threatening to upend the ...

Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...

A judge ruled the airline violated its fiduciary duty to loyalty through its retirement plan management, though experts say ...

A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully ...

A federal case out of Texas decided on Friday, could be the first step in a long and painful march for institutional capital ...

The World Bank on Thursday warned that U.S. across-the-board tariffs of 10% could reduce already lackluster global economic ...

The ruling by US District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to ...

ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...