BlackRock votes against 49 companies for lack of climate crisis progress
September 17, 2020 What Causes Global Warming 0 Comments
World’s largest asset manager reveals votes against directors on environment issues
BlackRock, the world’s largest asset manager, has disclosed that in the past year it has voted 55 times against directors at 49 companies for failing to make progress on tackling the climate crisis.
The firm announced its sustainability focus in January, when it said it would be getting tough on companies that did not meet its expectations on dealing with climate risk, and would vote against them at annual shareholder meetings.