BlackRock’s climate failures during European shareholder season
Blackrock’s voting actions in Europe this year signify a half-baked, management-biased approach that falls far short of the strategy it outlined a few months ago.
BlackRock still cozy with climate-destructive companies this shareholder season
BlackRock has been under pressure from activists, elected officials, and Indigenous and frontline leaders to adopt policies that match its climate rhetoric and to vote for climate this shareholder season. Analysis of key climate votes this spring shows that BlackRock largely failed to meet its rhetoric.
BlackRock still cozy with climate-destructive companies this shareholder season
BlackRock has been under pressure from activists, elected officials, and Indigenous and frontline leaders to adopt policies that match its climate rhetoric and to vote for climate this shareholder season. Analysis of key climate votes this spring shows that BlackRock largely failed to meet its rhetoric.
BlackRock’s big fail at Barclays
At UK bank Barclays' AGM (May 5, 2021), BlackRock abstained from a vote on a shareholder proposal calling on the bank to set targets to phase out its provision of financial services to fossil fuel projects and companies in line with the Paris climate goals, and report annually on progress towards those targets.
New report shows BlackRock Lead Independent Director actively profiting from fossil fuel industry
A new report from the Action Center on Race and the Economy (ACRE) and LittleSis was released showing that BlackRock’s Lead Independent Director Murry Gerber has doubled down on his investments in fossil fuels despite BlackRock’s public claims that it is committed to reducing climate risk.
The 2nd Annual People’s Assembly on BlackRock
Join us Wednesday, May 19 at 4pm ET/1pm PT for an inspiring 90-minute global event kicking off a week of actions leading up to BlackRock’s annual meeting.
Speakers include Congresswoman Rashida Tlaib, international Indigenous leaders, scientists, and frontline activists fighting fossil fuel projects and industrial agricultural plantations around the world.
How will BlackRock vote at the upcoming ExxonMobil AGM
This spring’s shareholder season, in the run up to the United Nations Climate Change Conference in November, is incredibly important for shaping corporate action on climate for years to come. As the largest asset manager in the world, BlackRock has tremendous power in its shareholder votes at corporate AGMs.
People around the world are watching to see if BlackRock follows through on its recent climate commitments by voting in favor of climate-critical shareholder resolutions and against corporate board members who have not taken enough action to stop the impending climate chaos.
Leading NGOs call on BlackRock and Vanguard to vote for climate
Dear Ms. Boss and Mr. Galloway:
We, the undersigned 47 civil society organizations, with members and supporters representing over 8.2 million people around the world, are writing to convey our grave concerns about the role of BlackRock and Vanguard in exacerbating the climate crisis. This letter outlines our urgent priorities on imminent climate resolutions and boards of director elections. As the heads of investment stewardship, you must make sure your respective companies uphold the climate pledges they have made and vote accordingly.
#AllEyesOnBlackRock: Climate activists demonstrate at BlackRock offices around the world
As we continue through shareholder season, activists across the globe are joining the chorus of voices urging BlackRock to vote in favor of climate-critical shareholder resolutions and against corporate board members who have not taken action quickly enough to stop impending climate destruction.