Companies including Goldman Sachs and BlackRock will be forced to confront accusations of hypocrisy at their upcoming shareholder meetings from investors challenging commitments made by corporate America to consider the environment and their workers alongside profitability. Read More →
Read MoreThree titans of US banking and investment had their requests to omit shareholder proposals on implementing the Business Roundtable Statement of the Purpose of a Corporation slapped back by the Securities and Exchange Commission (SEC) on Tuesday. Read More →
Read MoreBlackRock, the world’s largest asset manager, is being called upon in a shareholder proposal to report on how it plans to “fully implement” the recent ‘Statement on the Purpose of a Corporation’ put out by US trade group the Business Roundtable, which was signed by Blackrock’s Chairman and CEO Larry Fink.
Read MoreA pair of events over the past few days offers a preview of upcoming investor efforts to push some of the world's largest companies to get more active on global warming.
Read MoreImagine a Walmart semi-truck rolling down the interstate with its back doors open, plasma-screen televisions tumbling out onto the highway, crashing through windshields and causing chaos.
Read More“What we have found with these banks is they are reducing their own carbon footprints, but are ignoring the impact of their investments in fossil fuels,” Fugere explained.
Read MoreThe Securities and Exchange Commission recently allowed two large banks to block a shareholder proposal addressing the climate impact of the banks’ investment portfolios.
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