'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

Nest updates voting policy to address reversal on climate commitments

Nest updates voting policy to address reversal on climate commitments

Master trust says it will vote against board chairs who have 'materially' scaled back climate policy

Martin Richmond
clock 13 March 2026 • 2 min read
Climate finance still treats women as a risk - but the real risk is continuing to overlook them

Climate finance still treats women as a risk - but the real risk is continuing to overlook them

Too often women are framed primarily as those most vulnerable to climate risk rather than as builders of climate resilience, writes Project Dandelion co-founder Ronda Carnegie

Ronda Carnegie, Project Dandelion
clock 13 March 2026 • 5 min read
Inter IKEA Group backs biomaterials innovator Seprify

Inter IKEA Group backs biomaterials innovator Seprify

Swiss start-up completes €13.4m funding round to support plans to replace titanium dioxide with bio-based and planet friendly alternative

clock 12 March 2026 • 2 min read