BlackRock and Temasek's JV leads $150m funding round for thermal battery business
BlackRock and Temasek joint-venture, Decarbonization Partners, has led a $150 million Series B funding round for Antora Energy.
BlackRock acquires shares in largest wind farm in Africa
The Danish Climate Investment Fund has sold its stake in Lake Turkana Wind Power to a BlackRock-managed vehicle.
State Street and JP Morgan leave CA100+
The world's biggest climate engagement initiative suffered a blow after two of its biggest signatories walked away.
BlackRock backs Malaysian renewables business
Tennessee sues BlackRock over 'false or misleading' ESG claims
The Attorney General of Tennessee has accused BlackRock of making "false or misleading" claims about "the extent to which environmental, social and governance (ESG) considerations affect BlackRock's investment strategies".
Financial markets may be undervaluing 'climate resilience' companies, BlackRock suggests
Financial markets may be underappreciating the prospects for companies that enable climate resilience, BlackRock has said, as it warned the cost of disaster rebuilding in the US alone could equate to the $39 billion of energy investments under the Inflation Reduction Act.
Deforestation data tool launched for financial institutions
An open-data platform has been launched to help financial institutions track company exposure and performance on deforestation.
The Future of ESG Data conference: BlackRock was 'underweight Silicon Valley Bank due to complaints data'
BlackRock was underweight Silicon Valley Bank (SVB) before it collapsed in March 2023 due to the asset manager identifying an "inordinate" number of customer complaints at the ill-fated bank.
The Future of ESG Data conference: BlackRock: Military veteran hiring 'one of the best performing ESG signals'
High levels of US military veteran hiring was "one of the best" performing environmental, social and governance (ESG) signals in 2022 and continues to outperform in 2023, according to BlackRock.