BlackRock Escapes Texas Oil-Boycott List After ESG Retreat June 5, 2025 By Danielle Moran BlackRock Inc. was removed from Texas’ blacklist of companies that boycott fossil fuels, ending a three-year standoff over the environmental...
American Airlines’ ESG-Based Investing for 401(k) Plan Is Illegal, US Judge Rules January 13, 2025 By Daniel Wiessner A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee...
EVs, Nuclear and Forever Chemicals: Climate Predictions for 2025 January 3, 2025 By Siobhan Wagner From record solar installations to rising electric vehicle sales, the world is in many ways ramping up the fight against...
Companies Boost Social and Climate Reporting Amid ESG Backlash October 31, 2024 By Ross Kerber Many U.S. companies have stepped up reporting on environmental and social matters in recent years even with sustained pressure from...
ESG’s Appeal Fades in Emerging Markets as Profit Seeking Eclipses Virtue October 21, 2024 By Zijia Song Sustainable investments in emerging markets are facing a reckoning as environmental, social and governance strategies crumble under the weight of...
ESG Investing Rule Presents Early Test on Limits of US Agency Powers July 8, 2024 By Daniel Wiessner A challenge to a Biden administration rule allowing socially conscious investing by employee retirement plans will present an early test...
BlackRock Gets Legal Warning Over ESG Funds From Mississippi March 28, 2024 By Saijel Kishan and Silla Brush BlackRock Inc. faces the prospect of being barred from offering securities in Mississippi after state officials accused the investment firm...
Tennessee Officials Sue BlackRock for ‘Misleading’ ESG Strategy December 27, 2023 By Saijel Kishan (Bloomberg) — The state of Tennessee sued BlackRock Inc. for allegedly breaching consumer protection laws by making “misleading” statements about...
Fund Managers Frustrated Over Confusing ESG Regulations December 20, 2022 By Greg Ritchie, Steven Arons and Natasha White After a turbulent few weeks during which some of the world’s biggest asset managers removed coveted ESG tags from huge...
Republicans Have a New Enemy No. 1: ESG Investing May 20, 2022 By Jeff Green and Saijel Kishan Heading into the hotly contested midterm elections, the American political right has a new rallying cry: Down with ESG. Conservatives...