Blackrock
Asset Managers Shooting Down Nature Resolutions, Despite Soaring Investor Concern
Investors filed a record number of shareholder resolutions relating to biodiversity in 2024, but none passed — because asset managers aren’t seeing the forest for the trees. ... View More
BlackRock ‘Anticipates’ 75% of Portfolio Edging Toward Net Zero by 2030
While the announcement from the world’s largest asset manager could potentially have significant influence on lowering global emissions, BlackRock’s passive approach is a missed opportunity to actively drive the transition to a low-carbon, net-ze... View More
BlackRock's Fink Expounds on Need for Decarbonization, But Not Divestment
In his annual letter to CEOs, BlackRock CEO Larry Fink says that, while decarbonizing the global economy is ‘the greatest investment opportunity of our lifetime,’ he also asserts that ‘divesting from entire sectors will not get the world to net... View More
Trending: Welcome to the Age of Stakeholder Capitalism
Two global coalitions have committed to make good on their companies’ DEI commitments; and adhere to a new set of Stakeholder Capitalism Metrics, respectively. Larry Fink’s annual CEO letter expounds on the need for both. ... View More
Prince Charles’ ‘Terra Carta’ Urges Business, Finance to Put Nature at Heart of 2030 Recovery Plan
Inspired by the Magna Carta, the ‘Terra Carta’ (Earth Charter) calls on CEOs from around the world to engage and play their part in leading the global transition to a low-carbon future by 2030. ... View More
2020’s Top 10 Trends in Purpose — and What They Could Mean for You in 2021
In the midst of all the unrest and uncertainty, where did we see innovation, progress and possibility in 2020? Porter Novelli analyzed a year’s worth of Purpose-driven news, activities, campaigns and announcements; and distilled our 10 need-to-know... View More
Trending: Banking Giants Begin to Walk Their Talk on Climate Change
A 1% for the Planet account from Bank of the West, and new actions from Morgan Stanley and BlackRock, could signal turning point in big finance. ... View More
Transforming Corporate Finance, Accounting, Decision Making and Reporting through ESG Innovation
Sustainable Brands ® (SB) and SOCAP Global (SOCAP) today jointly announce the formation of a partnership to bring to market Integrate 2020, the evolution of SB’s New Metrics conference, now in its 8th year. ... View More
Big Finance Is About to Unify Its 3 Distinct Sustainability Brands
To profit from sustainability, financiers first must be set free from the current profit-and-risk framework; so they, too, can see the infinite possibilities that lie beyond a carbon-based economy. ... View More
BlackRock Responds to Demands for Stronger Climate Action with Bold New Commitments
CEO Larry Fink has called for “a fundamental reshaping of finance” in response to the climate crisis, but BlackRock remains the largest investor in fossil fuels and the companies driving deforestation around the world. ... View More
The Evolving Landscape of CSR: The Top 5 Trends of the Last 5 Years
Whether it’s in Super Bowl ads or annual financial reports, employee communications or job interviews, companies big and small are talking about how they’re working to address societal challenges. ... View More
How Businesses Are Stepping Up to Reforest California
California is still reeling from the series of devastating wildfires that gutted its landscape — again — in the past few months. ... View More
Campaign Calls on BlackRock to Put Its Money Where Its Mouth Is on Climate Change
A campaign launched today is holding BlackRock, the world’s largest asset manager, accountable as the single largest contributor to climate destruction. BlackRock’s Big Problem — supported by over a dozen organizations, including Friends of the... View More
When You Think ‘Sustainable and Ethical Returns,’ Think Female Leaders
Larry Fink’s recent clarion call to capitalism that managing “environmental, social,and governance (ESG) matters demonstrates the leadership and good governance that is so essential to sustainable growth” should not fall on deaf CEO ears. ... View More
400+ Resolutions Show Investors Stepping Up to Tackle ESG Issues
As You Sow, the Sustainable Investments Institute and Proxy Impact have published an updated Proxy Preview report for 2018. The report offers a comprehensive look at more than 400 shareholder resolutions filed on environmental, social and sustainable... View More
Social Purpose Imperative in Business Triggers Capitalism’s New Zeitgeist
Welcome to the tipping point of capitalism. At a time defined by political scandals, nuclear threats, and turbulence on Wall Street, business is society’s unlikeliest hero. A series of watershed statements, reports and initiatives from some of the ... View More
Here Come the 'Do Wellers'
In the din of companies and brands shouting about the good they’re doing, ‘purposewash’ is overtaking ‘greenwash’ as the default accusation of corporate hypocrisy. Thirty years ago, Chevron was one of the first accused of greenwash after a ... View More
Wall Street’s 2018 Push for Purpose
On Monday morning, the 8th of January, Apple’s board members had probably just recovered their iPhones from their kids, who had been using them all weekend for gaming, when they saw an open letter posted online by two of the company’s major inves... View More
Trending: Blackrock, Citi Respond to Turning Tide by Embracing Social Responsibility
Environmental and social issues are increasingly being used to shape business practice as companies recognize the link between strong ESG performance and profit. But for those that continue to put up resistance, investors and financial institutions a... View More
BlackRock Urges At-Risk Companies to Get Real About Climate Change
Global investment management corporation BlackRock, which controls assets worth $5.1 trillion, is getting serious about climate change and the risk it poses to businesses. The fund manager has recently threatened to put directors of companies that fa... View More
