Recent BlackRock ESG News
BlackRock Expands NZ Climate Infrastructure Team, Appoints Will Thomson as Managing Director
BlackRock appointed Will Thomson as Managing Director, a Portfolio Manager in the Climate Infrastructure team in New Zealand, effective July 2024. This follows BlackRock’s announcement to launch a New Zealand-focused
BlackRock-Temasek Venture Raise $1.4 Billion for Decarbonization-Focused Growth Fund
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 target of $1 billion,
Larry Fink’s Annual Letter: “ESG” out, “Energy Pragmatism” In – by Tim Mohin
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 (AUM), his annual open
BlackRock Faces Legal Heat in Mississippi Over Alleged Misleading ESG Statements
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 Watson issued a “cease
Texas Schools Cut Ties with BlackRock in ESG Dispute, withdrawing $8.5 Billion
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 centered on environmental, social,
BlackRock Fuels ENVIRIA’s Solar Expansion with $200 Million Investment
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 million from BlackRock, through
BlackRock to purchase Portland Natural Gas Transmission System from TC Energy for $1.14 Billion
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 to sell Portland Natural
JPMorgan Out, BlackRock Scales Back: Major Setback for Climate Action 100+
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 investor landscape for climate
BlackRock Expands Proxy Voting Access for U.S. Retail Investors with $2.6 Trillion AUM
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 Choice for more than
BlackRock invests $500 Million to Accelerate Recurrent Energy’s Global Renewable Energy Platform
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 secured a $500 million preferred equity
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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.