Posts Tagged ‘BlackRock’

Too Soon to Praise BlackRock*

It’s too soon to praise BlackRock. Its recent support for climate-related shareholder proposals at Exxon* and Chevron* represent progress of a sort, but the rest of its voting record is a black box.

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Is ESG Hot Air Contributing to Climate Change?

Elephant in Borneo tropical forest

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.

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