'Less supportable': BlackRock pairs back support for US shareholder climate proposals

Cecilia Keating
clock • 4 min read
BlackRock is estimated to manage around $9.6tr in assets worldwide
Image:

BlackRock is estimated to manage around $9.6tr in assets worldwide

World’s largest asset manager says climate-related and social shareholder proposals are becoming too prescriptive at US firms

BlackRock's support for shareholder environmental and social proposals has fallen significantly in the US, with the world's largest asset manager voting in favour of less than a quarter of proposals over...

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

Onsite renewables specialist Wattstor secures £50m boost

Onsite renewables specialist Wattstor secures £50m boost

UK firm secures debt facility from Aldermore Bank to support 'next phase' of its growth

BusinessGreen staff
clock 13 January 2026 • 2 min read
Elements Green acquires 149MW Bolney Green Energy

Elements Green acquires 149MW Bolney Green Energy

Elements Green said latest acquisition cements its position as a 'leader in large-scale energy infrastructure'

clock 13 January 2026 • 3 min read
Study: World's most influential firms could mobilise more than $1.3tr in low carbon investment

Study: World's most influential firms could mobilise more than $1.3tr in low carbon investment

New World Benchmarking Alliance finds many of the world’s biggest companies are making 'impressive progress', but too many are struggling to deliver on climate pledges

Stuart Stone
clock 13 January 2026 • 3 min read