Some of the world’s biggest companies, including BlackRock Inc., Block Inc., Ripple, and Samsara Inc., are driving decarbonization in aviation through a $200 million investment in sustainable aviation fuel (SAF)....
Key Findings: Global insurers are increasingly focused on low-carbon transition and clean energy infrastructure investments, according to BlackRock’s 13th annual Global Insurance Report. A staggering 99% of respondents have set...
A new partnership between BlackRock, Global Infrastructure Partners (GIP), Microsoft, and MGX aims to revolutionize AI infrastructure with a potential $100 billion investment. The Global AI Infrastructure Investment Partnership (GAIIP)...
Guidewheel has raised an oversubscribed $31 million Series B funding round, spearheaded by Decarbonization Partners, a collaboration between BlackRock and Temasek. This round also saw participation from notable investors including...
Market Dynamics Driving ESG Evolution Market forces, including shifting ESG regulations, U.S. anti-ESG sentiment, and increasing competition among ESG service providers, are reshaping asset managers and rating agencies’ ESG integration....
BlackRock Inc., the world’s largest asset manager, updated its decarbonization investment guidelines on July 2, allocating $150 billion for funds screened for energy transition risks and opportunities. Though based in...
BlackRock’s New ESG Tilted ETF BlackRock has introduced the iShares Global Real Estate Environmental Tilt UCITS ETF, a pioneering exchange-traded fund (ETF) designed to integrate environmental, social, and governance (ESG)...
Google is taking a significant step towards its net-zero emissions goal with a new partnership with BlackRock’s Climate Infrastructure business. This collaboration aims to develop a 1 gigawatt (GW) solar...
Neustark, a Swiss carbon removal company, has raised $69 million to expand its operations globally. Led by Decarbonization Partners and Blume Equity, the funding aims to remove 1 million tons...
Key Points: The Oklahoma Public Employees Retirement System (OPERS) has decided to extend its investment contracts with BlackRock Inc., overseeing $7.3 billion in assets. This decision comes on the heels...
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...
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 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, 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...
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,...