Tennessee, BlackRock Settle ESG Case

Tennessee settles lawsuit with BlackRock
BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.
BlackRock Reaches Settlement With Tennessee Over ESG Strategy
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.
Attorney General Skrmetti Announces Settlement With BlackRock, Inc. Regarding ESG Practices
Tennessee Attorney General Jonathan Skrmetti announced Friday a landmark settlement with BlackRock, Inc., resolving allegations that the global investment firm misled consumers regarding the role of Environmental,
BlackRock agrees to new ESG disclosures in Tennessee settlement
Asset manager BlackRock agreed to new disclosure requirements about its use of sustainable-investment factors as part of a legal settlement with Tennessee Attorney General Jonathan Skrmetti, his office said on Friday.
Tennessee, BlackRock Settle ESG Case after Asset Manager Agrees to Concessions
BlackRock has invested more than $41.7 billion in Tennessee companies and is the world’s largest asset manager.
BlackRock, Tennessee settle lawsuit over firm’s ‘misleading’ ESG strategy
BlackRock and the state of Tennessee on Friday reached a settlement over a lawsuit claiming the asset management firm downplayed how large a role environmental, social and governance proposals made in its investment process.
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