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BlackRock's Fink omits 'climate change' from annual letter

BlackRock CEO Larry Fink made no explicit reference to 'climate change' or diversity, equity and inclusion in the latest annual letter to shareholders - marking a big shift compared with his public messaging in past years.

ALTÉRRA commits $350m to BlackRock emerging markets transition strategy

ALTÉRRA has announced its second big deal of New York Climate Week, after committing $350 million to BlackRock's emerging markets transition infrastructure strategy.

BlackRock increasingly opposes climate proposals, blaming their 'declining quality'

The world's largest asset manager has criticised the "continued decline" in quality of shareholder proposals, as it voted against significantly more climate-related proposals, ...

Asset managers not 'environmental police', says BlackRock's Fink

Despite a growing need to address the energy transition, asset managers should not be the 'environmental police', BlackRock's Larry Fink said, amid growing pushback in several US states against investors' stance on sustainability.

BlackRock hit with $794m Louisiana divestment due to 'net zero' push

The treasurer of Louisiana has pledged to divest from all investments made by the state in BlackRock funds in a further escalation of the sustainable investing political backlash in the US.

BlackRock will vote against more climate resolutions in 2022

BlackRock has warned it will vote against more climate resolutions this year, claiming that most resolutions proposed by shareholders and activists have become too prescriptive.

BlackRock's Fink lauds decarbonisation 'phoenixes' over divestment

BlackRock chief executive Larry Fink rejected sectoral divestment as a means to deliver a net-zero transition in his annual letter to fellow bosses...

BlackRock and Temasek commit $600m to decarbonisation investment partnership

News round-up: BlackRock, JP Morgan, RBC, UBS, and more

BlackRock integrates climate considerations into capital market assumptions

The world's largest asset manager BlackRock is to integrate climate considerations into its capital market assumptions (CMAs), the long-term return expectations for asset classes that form the cornerstones of client portfolios.