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American Airlines Found in Violation of Federal Law Over ESG Retirement Plans

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American Airlines (US) has been found to have violated federal law by allocating employee retirement funds to investment companies that offer Environmental, Social, and Governance (ESG) products, according to a recent court ruling. The decision marks a significant victory for critics of ESG-focused investment strategies, who argue that such practices prioritize progressive ideologies over financial returns.

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LATAM Signs $300M Sustainability-Linked Loan

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LATAM Airlines Group, based in Chile, has signed its first-ever Sustainability-Linked Loan (SLL), securing financing of $300 million. The agreement was signed with Crédit Agricole CIB and BNP Paribas, both headquartered in France. This milestone marks a significant step in LATAM’s commitment to achieving its environmental, social, and governance (ESG) objectives.