A Texas judge’s decision in a lawsuit against American Airlines could set the stage for significant changes to the ...

The heat that BlackRock has come under in the US for taking account of environmental, social and governance issues when ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas (the “Court”) held, in Spence v. American Airlines, Inc., ...

Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a ...

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

Sustainability” investments became popular a few years back. So-called experts said companies shouldn’t just focus on profit.

We’re pleased to resolve this matter,” a BlackRock spokesperson told ESG Dive. The agreement dismisses the state’s 2023 ...

Morningstar’s latest analysis shows that redemptions from European funds registered as Article 9—the name given to the EU’s strictest ESG category—reached €7.3 billion ($7.6 billion) in the final ...

Tennessee has dropped its landmark lawsuit against BlackRock after the $11.6tn money manager promised to increase disclosure and compliance around its use of environmental, social and governance ...

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

American Airlines' retirement plan management is under scrutiny after a recent ruling by a federal judge. The ruling has ...

The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee ...