There are a large number of legal petitions for review of the final rules.
The state alleges BlackRock has made false and misleading statements to investors through its ESG assertions.
The fund manager said politics should not outweigh performance.
SEC’s Climate Disclosure Rule and EU's CSRD are boosting spending on corporate ESG reporting software.
Before adopting the final rules, the SEC considered more than 24,000 comment letters.
Quality and comparability remain a global challenge.
Green, social, sustainability, and sustainability-linked bonds are on track to represent 14% of total issuance.
Regulation for other kinds of ESG data products is still missing.
The new range enables the manager to react to controversies without waiting for an index rebalancing.
