Industry News: ESG

Texas Judge Greenlights Multi-State Lawsuit Accusing BlackRock, Vanguard, State Street of Using Climate Initiatives to Manipulate Energy Markets

Written by ESG | 11-Aug-2025 12:09:07 PM

2025-08-04

ESG Today: A U.S. federal judge has denied motions to dismiss most of the claims in a multistate lawsuit accusing asset managers BlackRock, Vanguard and State Street of violating antitrust laws and conspiring to use sustainable investment initiatives to manipulate coal markets, allowing the case to proceed.

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