'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

Ecology Group acquires Urban Edge Environmental Consulting

Ecology Group acquires Urban Edge Environmental Consulting

Deal marks the environmental consultancy's tenth acquisition since it was founded in spring 2025

BusinessGreen staff
clock 13 August 2026 • 2 min read
Metal Morph raises £700K backing to recover aluminium and chemicals from wastewater

Metal Morph raises £700K backing to recover aluminium and chemicals from wastewater

London-based firm announces results of pre-seed funding round co-led by Sustainable Ventures and Green Angel Ventures, with participation from Aqcelerator and Found Capital

Stuart Stone
clock 13 August 2026 • 3 min read
Santander UK finances two battery energy storage systems

Santander UK finances two battery energy storage systems

Bank backs Brockwell Energy's first BESS project in East Ayrshire and provides £42.7m to battery tipped to be among the largest in the UK

clock 07 August 2026 • 3 min read