BlackRock will continue to ask that companies report in accordance with the Task Force on Climate-related Financial Disclosure (“TCFD”) framework. In recognition of continuing advances in sustainability reporting standards, the 2022 voting guidelines recognize that in addition to TCFD,...
Assessing sustainability risks requires that investors have access to consistent, high-quality, and material public information. This is why last year, we asked all companies to report in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and the Sust...
At least three quarters of BlackRock’s managed assets invested in corporate and sovereign issuers are expected to be invested in issuers with science-based net zero-aligned climate targets by 2030, a remarkable rise from the current 25%, the investment giant estimates in its “2021 TCFD report...
BlackRock Investment Stewardship (“BlackRock”) recently updated its proxy voting guidelines with key changes with respect to board quality, diversity and inclusion and climate risk. While State Street Global Advisors (“State Street”) has yet to...