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

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

"We request SEC and DoL take decisive action to uphold fiduciary duty laws," 22 state financial officers demanded in a letter ...

In the case of Spence vs. American Airlines Inc. et al., U.S. District Court Judge Reed O’Connor, Fort Worth Texas, ruled on ...

Long before a Texas judge ruled that American Airlines' 401 (k) plans' ESG practices violated federal law, research showed ...

The materials sector-focused fund will be the first the firm launches under the United Kingdom’s “Sustainability Improvers” ...

Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan Chase and Morgan Stanley were all asked about their plans for ...

Top mutual fund manager Vanguard removed some of its guidance for U.S. companies to include women and minority directors, a ...

For its part, BlackRock said in response to O’Connor’s ruling that it acts “independently and with a singular focus on what’s in the best financial interests of our clients. Our only agenda is ...

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

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

Monthly Minute highlights a recent Texas court decision holding ESG investing violated ERISA and a new development in the J&J ...