ESG Opponents Get Novel Win in American Airlines 401(k) Suit
American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue environmental, social, and corporate governance goals, a Texas federal judge ruled Friday in the biggest victory yet for opponents of the strategy.
American Airlines' focus on ESG in retirement plan is illegal, US judge rules
Berkshire coal plants emit more nitrogen oxide gases than any other coal-fired fleet in the country. Despite big investments in renewable energy, the company has resisted efforts by regulators to make coal plants cleaner.
Judge finds American Airlines liable in ESG investing case
The judge’s ruling in the not-yet-completed case is likely to inject fresh fuel into the roiling political debate around environmental, social and governance goals.
American Airlines ESG investing strategy violated federal law, judge rules
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully incorporated environmental and sustainable governance (ESG) factors into its employee retirement plan.
Texas Judge Rules American Airlines Breached Duty in Retirement Plan Investments
A federal judge in Texas has ruled that American Airlines violated federal law by prioritizing environmental, social, and governance (ESG) factors over financial interests in its 401(k) retirement plan.
BlackRock expected to post booming earnings — as Larry Fink’s firm shifts from woke investing of past
Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely ...
US Companies Face Pressure Around Global ESG Disclosure Mandates
Clifford Chance attorneys say in light of the EU disclosure requirements, companies should publicly articulate their ESG ...
IJR1d
DAVID BLACKMON: ESG Is Collapsing And Net Zero Is Going With It
As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations ...
InvestmentNews1d
401(k) ESG lawsuit order cites 'cartel-like behavior,' could prompt more litigation
Plaintiffs successfully sued American Airlines over an asset manager's ESG considerations in the proxy-voting process, and ...
Berry Global Elevated to ‘AA’ Rating for ESG Management by MSCI
For the fourth year in a row, Berry Global Group, Inc. (NYSE: BERY) has received an upgraded environmental, social and ...
Trump's pick to lead EPA was paid tens of thousands to write op-eds criticizing climate policies and ESG
Former Rep. Lee Zeldin made nearly $200,000 from paid speeches and op-eds in recent years. Some of those op-eds were on ...
JD Supra2h
EBA Publishes Final Guidelines on the Management of ESG Risks
The guidelines set out requirements for institutions regarding the identification, measurement, management, and monitoring of ESG risks.
EU Bank Regulator Tightens ESG Rules as Climate Risk Grows
Europe’s financial regulator for banks said lenders in the bloc must regularly and comprehensively measure ESG risks, in new ...
Four ESG finance topics for 2025
Executives' concerns for environmental, social and governance (ESG) factors seems in retreat by many measures. Banks have ...
JD Supra1d
ESG Trends to Watch in 2025
ESG Dive posted an interesting article yesterday on trends to watch in 2025. With the upcoming change in presidential administrations, some ...