BlackRock and its ESG woes The firm, which ramped up its presence in the ESG world over the past few years, can’t seem to please everyone, despite its efforts. SEP 07, 2022 By Emile Hallez ...

When viewed through Morningstar’s criteria, 11.4% of BlackRock’s U.S. mutual funds and iShares ETFs, or 62 of 544 total products, have an explicit ESG focus.

A federal judge denied Blackrock, State Street and Vanguard's motion to dismiss a lawsuit alleging the firms conspired to artificially constrict the market for coal through anti-trade practices.

Investors have recognized that BlackRock's big ESG push, one of the top priorities of its CEO Larry Fink, will add to its bottom line. Fink has warned companies that BlackRock invests in to either ...

BlackRock, the world's largest asset manager, appears to be backing further away from the environmental, social and governance (ESG) moment. The investment giant said in a report Wednesday it ...

Fink once seemed hooked on ESG because he really does believe corporations can enact positive change in society. It also brought in lots of business to BlackRock, and ESG funds carry higher fees.

Reports this week are that BlackRock will be laying off 600 employees in its ESG and sustainability departments as part of its at-least-nominal retrenchment away from kneejerk support for an agenda th ...

BlackRock l aunched another effort to push back against those that contend the firm is “boycotting” the energy industry after some red states have penalized the firm for its ESG push.

A casual observer of trends could be forgiven for perceiving recent announcements from BlackRock about its turn away from a focus on environmental, social and governance, or ESG, investing as a sudden ...

BlackRock is backing away from supporting shareholder proposals that embrace environmental and social themes, an indication that the GOP pressure campaign against ESG, or environmental, social ...

A federal judge ruled that the case against the nation’s largest asset managers can proceed, as the states have alleged ...