American Airlines ESG investing strategy violated federal law, judge rules
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
Judge finds American Airlines liable in ESG investing case
The judge’s ruling in the not-yet-completed case is likely to inject fresh fuel into the roiling political debate around environmental, social and governance goals.
ESG Opponents Get Novel Win in American Airlines 401(k) Suit
American Airlines Inc. violated federal law by filling its 401(k) plan with funds from investment companies that pursue environmental, social, and corporate governance goals, a Texas federal judge ruled Friday in the biggest victory yet for opponents of the strategy.
American Airlines' focus on ESG in retirement plan is illegal, US judge rules
India's Tata Consultancy Services expects its retail and manufacturing clients in North America to step up spending on tech, following a similar upturn in its banking and financial services segment, a top executive of the nation's No. 1 software-services exporter, said.
Federal Court Rules ESG-Guided Investing of 401(k) Plan Is a Breach of Fiduciary Duty
Following a bench trial, Judge O'Connor (N.D. Tex.) held that “that Defendants breached their fiduciary duty by failing to loyally act solely in
American’s focus on ESG in retirement plan ruled illegal, Reuters reports
A federal judge in Texas on Friday said American Airlines (AAL) violated federal law by basing investment decisions for its employee retirement
Texas Judge Rules American Airlines Breached Duty in Retirement Plan Investments
A federal judge in Texas has ruled that American Airlines violated federal law by prioritizing environmental, social, and governance (ESG) factors over financial interests in its 401(k) retirement plan.
IJR6h
DAVID BLACKMON: ESG Is Collapsing And Net Zero Is Going With It
As the foundations of the ESG movement collapse, so are some of the institutions that sprang up around it. The United Nations ...
Trump's pick to lead EPA was paid tens of thousands to write op-eds criticizing climate policies and ESG
Former Rep. Lee Zeldin made nearly $200,000 from paid speeches and op-eds in recent years. Some of those op-eds were on ...
Exclusive: Investor climate group suspends activities after BlackRock exit
A flagship coalition aimed at aligning the asset management industry with global climate goals said it was suspending its ...
Diginex: Green On ESG Trend, But Avoiding This Red IPO
Stay away from Diginex Limited's IPO due to declining revenue, high debt, and intense competition in the ESG market. Read ...
Black Rock latest to leave Net Zero Alliance
Blackrock Inc. is the latest to announce it has left a United Nations-backed Net-Zero Banking Alliance (NZBA), among several ...
EU Bank Regulator Tightens ESG Rules as Climate Risk Grows
Europe’s financial regulator for banks said lenders in the bloc must regularly and comprehensively measure ESG risks, in new ...
Four ESG finance topics for 2025
Executives' concerns for environmental, social and governance (ESG) factors seems in retreat by many measures. Banks have ...
Global investors willing to pay for assets with better ESG footprint: Alvarez & Marsal’s Paul Aversano
Rising deal valuations in India are driving investors to focus on such innovative strategies, fuelling A&M's rapid expansion ...