BlackRock is the latest signatory to Climate Action 100+, an unprecedented global investor engagement initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.
With the addition of the world’s largest asset manager, with more than $6.8 trillion USD in assets under management, Climate Action 100+ continues to grow in size and influence. BlackRock joins more than 370 global investors already participating in the initiative. The addition of funds it manages, brings total assets under management represented by investors participating in Climate Action 100+ to more than $41 trillion.
“BlackRock is one of the largest and most influential asset managers in the world and will bring even more heft to investor engagement through Climate Action 100+,” said Emily Chew current Climate Action 100+ Steering Committee Chair and Global Head of ESG Research and Integration at Manulife Investment Management. “We look forward to working with BlackRock to build on the initiative’s success and work to ensure companies take the urgent and necessary action needed in response to the climate crisis.” Continue reading
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More than 630 institutional investors managing more than $37 trillion in assets urged governments to step up efforts to tackle the global climate crisis and achieve the goals of the Paris Agreement, in a joint statement issued at the United Nations Climate Conference (COP25).
