Recent BlackRock ESG News
BlackRock-Temasek Venture Raise $1.4 Billion for Decarbonization-Focused Growth Fund
Listen to this story: Decarbonization Partners, a joint venture between BlackRock and Temasek, successfully closed its first fund, Decarbonization Partners Fund I, at $1.4 billion. This figure surpassed the initial
Larry Fink’s Annual Letter: “ESG” out, “Energy Pragmatism” In – by Tim Mohin
Listen to this story: Larry Fink’s annual letters carry a lot of clout. As CEO of the world’s largest asset manager, BlackRock, with over $10 trillion in assets under management
BlackRock Faces Legal Heat in Mississippi Over Alleged Misleading ESG Statements
Listen to this story: BlackRock, the world’s largest asset manager, is under fire again for its environmental, social and governance (ESG) investment strategies. This time, Mississippi Secretary of State Michael
Texas Schools Cut Ties with BlackRock in ESG Dispute, withdrawing $8.5 Billion
Listen to this story: The Texas Permanent School Fund (PSF), a financial cornerstone for the state’s public schools, is severing its relationship with investment giant BlackRock in a contentious dispute
BlackRock Fuels ENVIRIA’s Solar Expansion with $200 Million Investment
Listen to this story: Germany’s leading commercial and industrial (C&I) decentralized energy solutions provider, announced it has entered into a definitive agreement on an equity investment of over USD 200
BlackRock to purchase Portland Natural Gas Transmission System from TC Energy for $1.14 Billion
Listen to this story: TC Energy Corporation and its partner Northern New England Investment Company, Inc., a subsidiary of Énergir L.P. (Énergir), have entered into a purchase and sale agreement
JPMorgan Out, BlackRock Scales Back: Major Setback for Climate Action 100+
Listen to this story: The recent departures of major players like JPMorgan Asset Management (JPMAM) and State Street Global Advisors (SSGA) from Climate Action 100+ have sent shockwaves through the
BlackRock Expands Proxy Voting Access for U.S. Retail Investors with $2.6 Trillion AUM
Listen to this story: Voting Choice enabled for $2.6 trillion in assets under management (AUM) Clients representing $598 billion in AUM have adopted BlackRock Voting Choice BlackRock is enabling Voting
BlackRock invests $500 Million to Accelerate Recurrent Energy’s Global Renewable Energy Platform
Listen to this story: Recurrent Energy, a subsidiary of Canadian Solar Inc. and a global developer and owner of solar and energy storage assets, announced today that Recurrent Energy B.V. has
BlackRock Acquires World Leading Infrastructure Investment Platform Global Infrastructure Partners (GIP) for $12.5 Billion
Listen to this story: Key Impact Points: BlackRock, Inc. and Global Infrastructure Partners (“GIP”), a leading independent infrastructure fund manager, jointly announce that they have entered into an agreement for
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BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$10 trillion in assets under management as of January 2022.