BlackRock, Vanguard, State Street failing to take action against deforestation, report claims

clock • 2 min read
BlackRock, Vanguard, State Street failing to take action against deforestation, report claims

Latest edition of Forest500 reveals financial institutions continue to provide trillions of dollars to companies with the most exposure to deforestation-risk in their supply chains

BlackRock, Vanguard and State Street - the world's three biggest asset managers - have not made public any policies designed to avoid deforestation, according to findings published this morning by Global...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

FCA moves to simplify UK climate risk reporting for investment funds

FCA moves to simplify UK climate risk reporting for investment funds

UK's Financial Conduct Authority launches consultation over changes to climate risk reporting rules it estimates could save the investment management sector £20m a year

Robin Amos, Investment Week
clock 05 June 2026 • 2 min read
Railpen divests from Nestlé over governance and climate concerns

Railpen divests from Nestlé over governance and climate concerns

Pension fund manager cites 'limited transparency' around Nestlé's climate plans among several concerns as it revealed it divested its entire holding in the Swiss firm in late 2025

Holly Roach, Professional Pensions
clock 05 June 2026 • 2 min read
BSI launches net zero transition planning framework for banks and financial institutions

BSI launches net zero transition planning framework for banks and financial institutions

ISO 32212 to provides banks, insurers, asset managers, and asset owners with guidance on how to translate climate ambition into action

Stuart Stone
clock 04 June 2026 • 3 min read