Blackrock joins ClimateAction 100+

BlackRock has joined investor engagement initiative Climate Action 100+.

Launched in 2017, Climate Action 100+ is the world’s largest investor group working on climate change, counting more than 370 investors with more than $41trn in assets under management. A spokesperson for the asset manager said joining Climate Action 100+ was “a natural progression of the work our investment stewardship team has done to date.”

Emily Chew, global head of ESG research and integration at Manulife Investment Management and current chair of the Climate Action 100+ steering committee, said BlackRock was one of the most influential asset managers in the world and its coming on board “will bring even more heft” to investor engagement through the initiative.