Researchers studied ESG-related disclosures on X (previously Twitter), how those messages were perceived by investors and how they impacted the firms’ cost of equity. The findings were reported in a ...
Environmental, social and governance (ESG) investing is quite controversial now, with a lot of conservative critics. And so Judge O’Connor was naturally asked to declare that it is a violation ...
Plaintiffs in the first lawsuit over ESG in a 401(k) just saw a victory that could have enormous implications for asset managers and retirement plans. In a long-awaited decision issued Friday ...
and Republicans' control of the White House and Congress suggests that agencies like the U.S. Securities and Exchange Commission will look unfavorably on ESG efforts. Depending on its appointees ...
A federal judge in one of the country’s most conservative district courts ruled Friday that American Airlines unlawfully incorporated environmental and sustainable governance (ESG) factors into ...
Europe’s financial regulator for banks said lenders in the bloc must regularly and comprehensively measure ESG risks, in new guidelines designed to shore up the industry amid growing threats to ...
For the first time in almost 20 years, Walmart has a new logo. The international retailer describes it as a “a comprehensive brand refresh,” but the online world hasn’t been quite so kind to ...
Tesla founder Elon Musk made his stance on environmental, social and governance (ESG) ratings unmistakably clear in June 2023 when he posted “ESG is the devil” on his social media platform ...
Even though BlackRock wasn’t a defendant, Reed offered sharp criticism of the firm and its ESG policies while branding as “incestuous” its relationship with American Airlines. “Defendants ...
BlackRock — which for years has courted controversy with its focus on so-called ESG, or Environmental Social Governance investing — is considering an exit of the so-called “Net Zero ...
Plan should stick to financial factors, judge says Ruling is among first of its kind ESG investing facing backlash from conservatives Jan 10 (Reuters) - A federal judge in Texas on Friday said ...
social and corporate governance (ESG) factors. "The evidence made clear that [American’s] incestuous relationship with BlackRock and its own corporate goals disloyally influenced administration ...