News & Analysis as of

Climate Change BlackRock

Wilson Sonsini Goodrich & Rosati

[Webinar] A Shift in ESG: Navigating Environmental and Social Issues Under the New Administration - A Three-Part Series - March...

Under the new administration, several shifts in E&S have impacted public companies across a number of different practice areas. In light of these developments, companies are taking a wide array of approaches to disclosure,...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - July 2024 #2

In this week’s U.S.-focused edition, we look at the world’s largest asset manager’s updated voting guidelines which seek to strike a balance amidst the fraught political rhetoric surrounding sustainable investment. The...more

Vinson & Elkins LLP

Vinson & Elkins' Quarterly Securities & ESG Updates - Fall 2023

Vinson & Elkins LLP on

Welcome to Vinson & Elkins’ Securities and ESG Updates. Our aim is to provide insights into notable developments in securities reporting and the environmental, social and governance space over the quarter and, where...more

Latham & Watkins LLP

BlackRock 2022 Letter to CEOs Highlights the Importance of Sustainability

Latham & Watkins LLP on

The world’s largest asset manager stressed that sustainability issues will continue to be fundamental to companies’ long-term economic outlook. On 17 January 2022, Larry Fink, the founder and chief executive of...more

Mintz

BlackRock CEO Larry Fink Advocates Use of TCFD Climate Disclosures

Mintz on

In his annual letter to CEOs, BlackRock CEO Larry Fink asked that CEOs "issue reports consistent with the Task Force on Climate-related Financial Disclosures." As the head of the biggest asset manager in the world, Fink's...more

Foley Hoag LLP - Environmental Law

Will More Money Managers Start Voting Shares Based on Climate Issues? Fidelity International Gets in the Game

In the wake of Engine No.1’s successful effort to elect more climate-friendly directors at Exxon and the increasingly aggressive action by BlackRock to take climate into account in its investment management decisions, the...more

Flaster Greenberg PC

The Day The Energy World Changed

Flaster Greenberg PC on

May 26, 2021 was the day the energy world changed. On the same day that a Dutch court in The Hague ruled that Royal Dutch Shell could be held liable for climate change and ordered it to reduce its greenhouse gas...more

King & Spalding

ESG Agenda

King & Spalding on

BlackRock Doubles Down on Sustainability - • BlackRock signals substantially more assertive posture on climate-related issues • New approach to shareholder proposals saw BlackRock support 54% of environmental and social...more

Foley Hoag LLP - Environmental Law

Is BlackRock Starting to Walk the Walk?

Climate risk is investment risk. So says BlackRock. And when you manage $8.7 trillion, people tend to listen to what you say. I’ve been noting for some time that BlackRock’s statements seemed to presage increasing...more

Cooley LLP

Blog: BlackRock details its climate expectations

Cooley LLP on

In his 2021 letter to CEOs, BlackRock CEO Laurence Fink asked companies to disclose a “plan for how their business model will be compatible with a net zero economy”—that is, “one that emits no more carbon dioxide than it...more

White & Case LLP

ESG takes center stage amid economic crisis and social unrest

White & Case LLP on

Strong ESG credentials and long-term plans to improve their relationship with society and the environment are increasingly important to ensure companies’ access to capital. Environmental, social and governance (ESG) matters...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights: Issue 28, July 2020

Chevron’s Patience Pays Off with Bargain Deal for Noble Energy - "Like Anadarko, Noble is also a major player in the oil-rich DJ Basin of Colorado, as well as the oil-rich southwestern piece of the Eagle Ford Shale region." ...more

Cooley LLP

Blog: BlackRock reports on investment stewardship activities in connection with climate change

Cooley LLP on

Although it may seem like the last millennium, it was only in January of this year that the CEO of BlackRock, Laurence Fink, in his annual letter to CEOs, announced a number of initiatives designed to put “sustainability at...more

Goodwin

State Street and BlackRock Tell Public Company Directors That The Time Is Now To Focus On Sustainability and ESG

Goodwin on

In January 2020, two of the largest asset managers, State Street Global Advisors (SSGA) and BlackRock, emphasized that they will hold Boards of Directors accountable for not making significant progress on sustainability and...more

Jones Day

BlackRock Focuses on Climate Change: What Companies Should Do Now

Jones Day on

The Situation: BlackRock, the world's largest asset management firm, announced initiatives to make climate change and other sustainability issues a cornerstone of its investment strategy, including plans to increase offerings...more

Robins Kaplan LLP

Financial Daily Dose 1.21.2020 | Top Story: World Economic Forum Kicks Off in Davos

Robins Kaplan LLP on

As it kicked off its 50th annual gathering today, the World Economic Forum in Davos is facing some hard questions—both about the state of the ideals it has long espoused (“open borders, liberal democracy and free borders,” to...more

Ballard Spahr LLP

GC Insights: BlackRock Issues Letter to CEOs

Ballard Spahr LLP on

BlackRock’s Chairman and Chief Executive Officer Larry Fink issued his annual letter to CEOs and a letter to clients on January 14, 2020. Both letters focused on the importance of climate change and sustainability in the...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

Wall Street apparently views a divided Congress as a good thing (think less chance of tighter regulation), and it celebrated by pushing the Dow up 500 points and jumping back into tech stocks....more

Dorsey & Whitney LLP

Investors’ Climate Change Voting Records Face Scrutiny

Dorsey & Whitney LLP on

Companies who engage with their large institutional shareholders on environmental and social issues during the 2018 proxy season should keep in mind that these investors are facing pressure from other investors on their...more

Foley Hoag LLP - Environmental Law

The Latest on Shareholder Climate Activity: BlackRock Begins Explaining Its Votes

We previously noted BlackRock’s recent shareholder votes in favor of increased reporting of climate risks by ExxonMobil and Occidental. Now, BlackRock has stepped it up a notch by including “vote bulletins” on its investment...more

Mintz - Energy & Sustainability Viewpoints

Exxon Mobil Shareholders Push for Climate Policy Risk Disclosure

A new trend is emerging among the country’s most influential fossil fuel investors: a demand for climate change accountability and progress towards a low-carbon economy. On May 31, 2017, a vote among Exxon Mobil’s...more

Akin Gump Strauss Hauer & Feld LLP

Despite U.S. Retreat from Paris Agreement, Shareholders Require Climate Change Assessments

In the midst of President Trump’s decision to withdraw from the Paris Agreement, shareholders are demanding greater transparency regarding climate change risks. While publicly-traded companies are often adept at disclosing...more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

We covered the move by Exxon shareholders to push the company for greater climate-change accounting last week. Now we’re learning that the NY AG believes that Exxon’s been “misleading” its shareholders about the impact that...more

Foley Hoag LLP - Environmental Law

Shareholders at ExxonMobil Vote in Favor of Climate Change Reporting

On May 31, shareholders at Exxon Mobil Corp. (“ExxonMobil”) voted in favor of a climate change resolution asking the company to publish an annual report on the business impact of measures designed to limit global temperature...more

Foley Hoag LLP - Environmental Law

Shareholders Are Getting Restless; Climate Change Resolution Passes at Occidental

In March, I noted BlackRock’s increasing concern over climate. One element of its statement was “potential support for shareholder resolutions on climate risk”, where “management’s response to our prior engagement has been...more

27 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide