'Not in long-term financial interests': BlackRock cools on support for shareholder climate resolutions

Elliot Gulliver-Needham
clock • 3 min read
BlackRock manages around $10tr assets worldwide
Image:

BlackRock manages around $10tr assets worldwide

World's largest asset manager argues climate resolutions filed by shareholders are increasingly too 'prescriptive' as it signals plans to support fewer such resolutions this year

BlackRock has indicated it plans to support fewer shareholder resolutions aimed at boosting corporate climate action and risk disclosure this year, arguing such resolutions have increasingly become too...

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