Their exit follows a wave of similar decisions from other major banking institutions, including Morgan Stanley, Citigroup, ...

BlackRock, Inc. has settled a dispute with Tennessee over its ESG practices, which the state said misled consumers.

Business travel emissions have risen at the major U.S. banks that recently quit global net-zero banking alliances.

Big banks have been backing away from their commitment to fight climate change via "net zero" carbon emissions as political ...

BlackRock Inc (BLK) stock saw a modest uptick, ending the day at $1004.96 which represents a slight increase of $9.24 or 0.93% from the prior close of $995.72. The stock opened at $1000.9 and touched ...

ESG seems to be coming unglued. But don’t be fooled. Many of the touted changes are superficial or cosmetic rather than ...

Major financial institutions are abandoning net-zero climate alliances amid political pressure and legal threats, signaling a potential shift in the landscape of climate finance.

For years we have endured the unending mantra against “greedy” oil companies, while hearing no criticism for greedy Green Energy companies gobbling up trillions of dollars in corporate welfare. It ...

Global climate finance alliances are under strain as major US firms exit amid anti-ESG pressures, raising questions about decarbonization progress.

BlackRock is making key leadership changes and combining some teams internally, according to a memo to employees from CEO Larry Fink and President Rob Kapito. The changes follow several major ...

with extra helpings of banks (Wells Fargo WFC and Citigroup C) and insurers (American International AIG and Willis Towers Watson WTW). He also emphasized a variety of capital-light business models ...