BlackRock

New research from Planet Tracker warns major investors are still failing to take nature loss seriously

Net Zero Asset Managers signatories are risking their own reputation as well as their client's investments by continuing to back oil and gas majors to the tune of hundreds of billions of dollars, Carbon Tracker warns

Reclaim Finance and Beyond Fossil Fuels claim major banks and investors have provided more than $500bn to European gas sector since 2019

In his annual letter, CEO Larry Fink stressed the importance of oil and gas in meeting global energy demands, as he promised to offer clients the choice of investing in clean energy

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

New local heads overseen by Ewa Jackson

Net Zero Asset Managers initiative discloses initial climate targets from signatories, including BlackRock, Vanguard and Danske Bank

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

But asset management giant stops short of establishing figure as official target, stressing that final investment decisions remain at discretion of its investor clients

Pension giant confirms plan to invest up to £25bn in climate-focused companies by 2025 and says there is now a 'clear expectation for high-carbon sectors resistant to change'