American Airlines, ESG

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 its employee retirement plan.
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.
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.
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.
Judge Rules American Airlines Violated Retirement-Plan Duties by Encouraging ESG Investing
The company’s retirement plan was found to favor socially conscious goals over financial returns.
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
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.
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Four ESG finance topics for 2025
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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 ...