Blackrock's latest climate instructions come with a new threat

Blackrock gave company directors more specifics on what it's looking for in their plans to slow global warming, warning that it could vote against those who don't meet its standards.
Blackrock CEO Larry Fink. | Photo: SHANNON STAPLETON/Reuters / X90052
Blackrock CEO Larry Fink. | Photo: SHANNON STAPLETON/Reuters / X90052
By Akshat Rathi / BLOOMBERG

The world's largest shareholder published a five-page document on Wednesday laying out its expectations for how companies should address climate risk. It's the first look at the details following Chief Executive Officer Larry Fink’s letter in January calling on firms to align with global efforts to reach net-zero greenhouse gas emissions by 2050.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading