May 24, 2018 Campaigners Urge CEO Larry Fink to heed his own words and define BlackRock’s social purpose NEW YORK, N.Y. – Some of the country’s largest environmental and human rights groups issued a challenge1 to BlackRock at its annual shareholder meeting today, daring the world’s largest asset manager to take greater leadership on climate change following ambitious statements by BlackRock’s CEO calling on corporations to pursue ends beyond pure short-term profit.2 Directors of 10 global environmental organizations sent a letter to BlackRock CEO Larry Fink earlier this month, highlighting that the company’s current approach on climate change is inadequate and significantly more action is needed to align BlackRock’s investments with the goals of the Paris Climate Agreement.3  As shareholders entered the company’s annual meeting this morning, a Larry Fink lookalike revised the CEO’s widely read statement to acknowledge the gravity of the climate crisis. read more source:
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Within the field of sustainable development, there is no concern more fundamental than the governance and management of land and natural resources. Yet institutional investors with significant holdings in emerging markets securities often fail to account for the material risks and benefits of properly incorporating land tenure and customary land rights into due diligence practices. download PDF source:
2019-07-30 07:54:48