‘Less supportable’: BlackRock pairs back support for US shareholder climate proposals

BlackRock’s support for shareholder environmental and social proposals has fallen significantly in the US, with the world’s largest asset manager voting in favor of less than a quarter of proposals over the past year, according to its latest proxy voting report. Covering the annual meeting season through to July 2022, yesterday’s report reveals BlackRock supported … Read more

Blackrock strengthens sustainability EMEA team with senior appointments

Blackrock has strengthened its sustainability EMEA team with several new senior appointments in its newly-created clients solutions pillar, the investment giant announced late last week. Stéphane Lapiquonne, the firm’s head of EMEA sustainability, said in an internal communication that Ewa Jackson, who heads up sustainable client solutions for EMEA, has been given a wider remit. … Read more

Asset managers commit to aligning $16tr of assets with net zero before 2050

Investors representing $16tr in assets under management have disclosed their initial targets for putting their portfolios on a path to net zero emissions by 2050 or sooner, according to the latest progress report from the Net Zero Asset Managers initiative (NZAM). Among the 43 names to have set net zero goals include the world’s largest … Read more