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

Financial institutions are backing away from publicly aligning their investments with ESG goals, and now is the time to hold ...

JPMorgan Chase, Bank of America, Citi, Goldman Sachs, Morgan Stanley and BlackRock were all asked about how they plan to implement or have implemented hiring or supplier diversity goals.

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

Many state plans confirm their climate-forward and sustainable investing initiatives as BlackRock retreats from its ...

The agreement dismisses the state’s 2023 lawsuit and does not find that the investment firm violated any laws. “We’re pleased to resolve this matter,” a BlackRock spokesperson said.

BlackRock LifePath ESG Index 2060 Fund earns an Above Average Process Pillar rating. The most significant contributor to the rating is the parent firm's five-year risk-adjusted success ratio of 58%.

The state's attorney general warned Goldman, JPMorgan, BlackRock, and other heavyweights of possible legal consequences to ...

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 ...

On January 10, 2025, the U.S. District Court for the Northern District of Texas issued an opinion in Spence v. Am. Airlines, ...

Texas Attorney General Ken Paxton wrote on Jan. 23 to the firms saying they appear “to unlawfully advance discriminatory” ...

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