BlackRock Joins Climate Action 100+

In January this year, the US-headquartered multinational investment management corporation BlackRock has become the latest signatory to Climate Action 100+, a global investor engagement initiative “to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change”.

With the addition of BlackRock – which is classified as the world’s largest asset manager with more than 6.8 trillion US-Dollar in assets under management – Climate Action 100+ continues to grow in size and influence, the initiative gave account. “BlackRock joins more than 370 global investors already participating in the initiative.” The addition of funds it manages would bring total assets under management represented by investors participating in Climate Action 100+ to more than 41 trillion US-Dollar.

“BlackRock is one of the largest and most influential asset managers in the world and will bring even more heft to investor engagement through Climate Action 100+,” Emily Chew, current Climate Action 100+ Steering Committee Chair and Global Head of ESG Research and Integration at Manulife Investment Management, is quoted.

(GR12020, Page 4, Photo: Gerd Altmann/Pixabay)