Tennessee, BlackRock Settle ESG Case

BlackRock agrees to new ESG disclosures in Tennessee settlement
Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock on Friday, resolving allegations that the asset manager misled customers regarding the role of ESG factors in its investment practices.
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
The lawsuit accused the firm of making “misleading” statements on how strongly ESG goals drove its investments.
Tennessee, BlackRock settle lawsuit over ESG case
The settlement ends a lawsuit that was originally filed in December 2023 by the state of Tennessee under the Tennessee Consumer Protection Act. The suit alleged that BlackRock overstated the financial benefits of ESG-related strategies and didn’t adequately disclose its integration of ESG factors.
BlackRock Settles 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.
BlackRock Settles ESG Disclosure Dispute with Tennessee Attorney General
BlackRock, the worlds largest asset manager with $11.6 trillion under management, has reached a settlement with Tennessee Attorney General Jonathan Skrmetti over its use of sustainable-investment factors.
Tennessee AG Secures Settlement with BlackRock Over Alleged Misuse of ESG in Investment Strategies
Tennessee AG Skrmetti settles with BlackRock over ESG disclosures, ensuring transparency and fidelity to investors' interests.
Tennessee announces settlement with BlackRock over ESG practices
Tennessee Attorney General Jonathan Skrmetti announced a settlement with BlackRock (BLK), resolving allegations that the company misled
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