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

BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.

BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.

Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly ...

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

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

BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG ...

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.

(The Center Square) – BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers. Attorney General Jonathan Skrmetti filed a consumer ...

BlackRock, which manages $11.6 trillion, has been the target of a barrage of legal actions from Republican politicians after it championed addressing climate change. In response, Chief Executive ...