• CGM

Investors increasing pressure on companies to address climate change

Updated: Jul 26

Jan 9th, 2020: BlackRock, the world's largest investor has signed up for Climate Action 100+, a group of investors managing assets worth more than $35tn (£27tn), that pressures fossil fuel producers and other companies responsible for two-thirds of annual global industrial emissions to show how they will reduce carbon dioxide pollution.


Jan 28th, 2020: State Street Global Advisors, which manages investments of $3.1tn is planning to start voting against the boards of big companies that lag behind on environmental, social and governance standards.


14th July, 2020: BlackRock has taken voting actions against 53 companies over climate inaction, including Chevron, Exxon Mobil, Air Liquide, Daimler and Volvo. Another 191 companies have been "put on watch".




4 views

©2020 by Climate Governance Malaysia