Tennessee and BlackRock reach disclosure deal (2025)
See also: Opposition to environmental, social, and corporate governance (ESG) investing, Environmental, social, and corporate governance (ESG) January 21, 2025. Tennessee Attorney General Jonathan Skrmetti (R) announced Jan. 17 that his office reached an agreement with BlackRock that will require the firm to
Tennessee drops ESG lawsuit after BlackRock agrees to …
4 days ago · In its lawsuit, Tennessee accused BlackRock of misleading consumers by pursuing “aggressive strategies” to promote its ESG goals and overstating the financial returns on its ESG investing.
Attorney General Jonathan Skrmetti Announces Landmark …
4 days ago · NASHVILLE—Tennessee Attorney General Jonathan Skrmetti announced today a landmark settlement with BlackRock, Inc., resolving allegations that the global investment firm misled consumers regarding the role of Environmental, Social, and Governance (ESG) factors in its investment practices.The settlement concludes a lawsuit filed by the State of Tennessee under the Tennessee Consumer Protection ...
BlackRock agrees to new ESG disclosures in Tennessee settlement
4 days ago · The resolution is the latest step by New York-based BlackRock and by other firms to move away from environmental, social or governance measures. An anti-ESG backlash has gathered force among ...
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG …
4 days ago · BlackRock and the state of Tennessee reached a settlement over a lawsuit about the firm’s handling of ESG goals. REUTERS. Under the settlement, BlackRock will be subject to increased ...
Tennessee, BlackRock settle lawsuit over ESG case
4 days ago · Tennessee Attorney General Jonathan Skrmetti announced a “landmark” settlement with BlackRock over allegations that the asset management giant had misled consumers over the role of ...
Tennessee Housing Development Agency | THDA's Emergency …
THDA administers the federally funded Emergency Solutions Grants (ESG) Program on behalf of the State of Tennessee to fund the provision of services necessary to help persons who are experiencing homelessness or at-risk of homelessness …
BlackRock agrees to new ESG disclosures in Tennessee settlement …
4 days ago · ESG investing enjoyed a run as a hot area of finance but investors pulled back in recent years after Russia's invasion of Ukraine surged energy prices and hurt the relative performance of ...
Tennessee Sues BlackRock in First-of-its-Kind Consumer …
Dec 18, 2023 · Tennessee’s lawsuit is a response to BlackRock’s conflicting statements and assertions regarding ESG’s influence over BlackRock’s business decisions across its wide array of assets. Currently, BlackRock manages over nine trillion dollars in investments.
BlackRock Settles With Tennessee Over ESG Strategy (1)
4 days ago · Tennessee said it settled a lawsuit with BlackRock Inc. after accusing the world’s largest money manager of allegedly breaching consumer protection laws by making “misleading” statements about its ESG investment strategy. “This resolution assures that the money Tennesseans invest with BlackRock is managed consistent with the funds’ disclosures,” Tennessee Attorney General Jonathan ...
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