A new Friends of the Earth report exposes the complicity of BlackRock, Vanguard,* and State Street* in global deforestation.Read More
In June, Green Century warned that it was too soon to praise BlackRock for its support for climate-related shareholder proposals at two oil and gas giants. Our concern has proved prescient.Read More
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.Read More
Green Century has filed a shareholder resolution with BlackRock regarding the company’s failure to act in accordance with its public pronouncements about the climate crisis and the risk it poses to corporations and investors.Read More
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