Report: BlackRock took “voting action” against 53 companies on climate issues so far this year

Axios discusses how BlackRock took “voting action” against 53 companies on climate issues so far this year.

BlackRock, in a report published Tuesday, said this year it has used its shares to take “voting action” against 53 companies that are “making insufficient progress integrating climate risk into their business models or disclosures.”

Why it matters: The tally is an early sign of how BlackRock is implementing one element of its wider plan unveiled early this year to make climate change more central to its strategy.

Comments are closed.