Today, Green Century sent an inquiry letter to BlackRock, regarding its strategies and policies to address and mitigate its exposure to deforestation through its financing practices.Read More
It was only a matter of time. As more and more financial institutions claim to be green or responsible or sustainable, eventually someone was going to ask them to prove it.
Recently, eight U.S. senators did just that. The senators sent letters to the heads of eleven investment firms, asking how they managed the environmental, social, and governance (ESG) risks related to tropical deforestation.
Green Century applauds these senators for asking appropriate questions about firms’ deforestation-linked investments. It’s equally important that individual investors start asking tough questions, too.Read More