Mississippi accuses BlackRock of misleading investors on ESG criteria
The state notes that "many of the acts, practices and courses of business" of the investment company "operate or would operate as a fraud or deception."
Society
Economy
Exxon Mobil sues two pro-ESG investors for trying to "diminish the company's existing business"
The Texas oil company went to court to prevent Arjuna Capital and Follow This, an activist investor group, from presenting a resolution at the next shareholders' meeting that would reduce emissions from its suppliers and consumers.
Economy
17 attorneys general mobilize to shield energy companies from BlackRock's ESG policies
The motion accuses the fund of being an "environmental activist" that "seeks to pressure or force utilities to gradually abandon traditional energy investment."
Politics
Dozens of attorney generals ask banks not to adopt ESG scoring systems
The letter warns that using the social criteria could be considered a breach of its legal obligations.
Politics
Republicans fail to override Joe Biden's first veto of ESG investment rule
GOP representatives managed to have a 219 to 200 vote in their favor but needed a two-thirds majority to revive the resolution.