'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

'A sustainable economic transition is underway': How green investment is now a 'systemic consideration'

'A sustainable economic transition is underway': How green investment is now a 'systemic consideration'

Environmental and responsible investment approaches now apply to hundreds of trillions of dollars of assets worldwide, according to new Global Sustainable Investment Review

Michael Holder
clock 11 November 2025 • 6 min read
Highview Power raises £130m for Scottish long-duration energy storage facility

Highview Power raises £130m for Scottish long-duration energy storage facility

Latest investment for facility at Hunterston takes total capital raised to over £500m

clock 11 November 2025 • 3 min read
COP30 will redefine forest finance - here's what companies need to know

COP30 will redefine forest finance - here's what companies need to know

For companies, forests are now a test of whether climate ambition can be delivered credibly at scale, writes Keith Tuffley from the Race to Belém

Keith Tuffley, the Race to Belém
clock 07 November 2025 • 4 min read