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

Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely ...

Explore why major financial firms like BlackRock are retreating from climate commitments amid ESG backlash and political ...

BlackRock is pulling out of a United Nations-sponsored climate initiative, a remarkable U-turn for a company that was once a ...

With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...

Larry Fink had evangelized on the need to use the company’s investing might to force corporations to reduce their carbon ...

American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue ...

Following a bench trial, Judge O'Connor (N.D. Tex.) held that “that Defendants breached their fiduciary duty by failing to loyally act solely in ...

A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its ...

It’s clear that over the past few years, investors have tweaked their voting policies to tone down use of the term “ESG.” And it’s also clear ...

The world’s biggest money manager is trying to avoid some political headaches as Donald Trump and the GOP take over all of ...