Dear G7 Leaders

Ahead of the Group of Seven summit, which begins tomorrow, 457 investors managing $41 trillion in assets have signed an open letter calling on world leaders to enact more ambitious climate policy. The letter mentions six specific actions for governments, including committing to achieving net-zero emissions by 2050, strengthening their … [continued]

How BlackRock & Vanguard Can Advance the Net-Zero Emissions Movement

Originally published on WRI’s Resource Institute Blog. By Giulia Christianson, Ariel Pinchot, and Yili Wu The movement to achieve net-zero global greenhouse gas emissions, is gaining traction and coherence, especially in the world of finance. In late March, BlackRock and Vanguard — the two largest asset managers on the planet — joined a growing … [continued]

Largest Investors In Utilities Are Voting Against Climate Risk Disclosure

Exxon Mobil shareholders earlier this year successfully voted to demand climate risk disclosure in a move which was widely held as a bellwether for similar moves across the sector, but a new report from Preventable Surprises has revealed that some of the largest investors in utilities are voting against climate risk disclosure, preferring private engagement over public proxy votes.