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Reuters reports that BlackRock, known for its ESG advocacy, managed passive index funds for the airline's plan. Despite these findings, the judge noted that American Airlines' practices met or ...
BlackRock's stance on ESG — environmental, social and governance — issues has drawn sharp criticism from "red" states, which accuse the company of prioritizing them over financial interests.
With recent statements from Blackrock CEO Larry Fink indicating a move away from controversial ESG terminology and a reported loss of approximately $4 billion in managed assets tied to ESG ...
BlackRock BLK.N was issued a legal warning by the state of Mississippi over "false and misleading statements to Mississippi investors" tied to its environmental, social and governance (ESG ...
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. ... (ESG) commitments. BlackRock’s exit is particularly notable because of its prominence and ...
The number of anti-ESG resolutions on corporate ballots between January 1 through May 31 rose by more than 400% from 2020 to 2023, according to ISS Corporate Solutions, a Rockville, Md.-based ...
The Texas Permanent School Fund pulled its $8.5 billion investment from the asset-management giant BlackRock on Tuesday, saying its environmental policies are harmful to the state's energy industry.
This past year, BlackRock was one of the main victims of attacks on business leaders pursuing an environmental, social, and corporate governance (ESG) agenda. That criticism hurt, and not just ...