1. See here BlackRock's 2024 letter to Climate Action 100+ regarding the transfer of membership to BlackRock International.Resources As a fiduciary, we are committed to providing meaningful information to stakeholders, including information related to sustainability. Here you can explore our latest reso...
In a statement, the New York-based JPMorgan Chase explained that it would exit the so-called Climate Action 100+ investor group because of the expansion of its in-house sustainability team and the establishment of its climate risk framework in recent years. BlackRock and State Street, whic...
“Climate risk is financial risk. Today BlackRock, JPMorgan, and State Street are choosing to ignore both.” J.P. Morgan Asset Management and State Street Global Advisors pulled out of the Climate Action 100+, a spokesperson for the group confirme...
The Intergovernmental Panel on Climate Change (IPCC) hasemphasizedthe need for sustainable land management to help mitigate climate change and keep global warming below 1.5 degrees. IPCC estimates that 23 percent of GHG emissions are from agriculture, forestry, and Other Land Use (AFOLU)....
In a sign that investors are stepping up pressure on companies to address climate risk, BlackRock, the world's largest asset manager, has joined the Climate Action 100+ group (IOD Oct.14'19). "We believe evidence of the impact of climate risk on investment portfolios is building rapidly and...
includes in relation to any shareholder proposals filed or supported by Climate Action 100+ or any of its members, andBlackRock explicitly statedas much when joining the initiative. Our voting record is demonstrably independent.We also believe in choice when it comes to proxy voting. Every ...
contribute to the advancement of at least one of the 6 SDGs: SDG 3 (Good Health & Well-Being), SDG 6 (Clean Water & Sanitation), SDG 7 (Affordable & Clean Energy), SDG 9 (Industry, Innovation &Infrastructure), SDG 11 (Sustainable Cities & Communities), and SDG 13 (Climate Action)....
Joining Climate Action 100+– BlackRock believes that collaboration between investors, companies, regulators, and others is essential to improving the management of sustainability questions. We are a founding member of the Task Force on Climate-related Financial Disclosures (TCFD), and a signatory to ...
those found in two external frameworks: theInstitutional Investors Group on Climate Change (IIGCC) Net Zero Investment FrameworkandClimate Action 100+ Net-Zero Company Benchmark. The criteria include decarbonization strategy, capital allocation, climate governance, climate policy and stakeho...
Texas, the leading US oil-producing state, has declared Climate Action 100+ to be anti-oil and blocked financial companies, including BlackRock, from doing business with the government. Oklahoma, another oil producer, banned JPMorgan, BlackRock and others from doing business with the state in 202...