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On average, the most sustainable … It is your responsibility to be aware of, to obtain all relevant regulatory approvals, licenses, verifications and/or registrations under, and to observe all applicable laws and regulations of any relevant jurisdiction in connection with your access. 2 BlackRock 2020 Global Sustainable Investing Survey, which includes responses from 425 clients in 27 countries representing an estimated $25 … If you are unsure about the meaning of any information provided, please consult your financial or other professional adviser. Read now. For information or educational purposes only, not for reuse, redistribution, or any commercial activity, and does not constitute investment advice or an offer or solicitation to purchase or sells in any securities or any investment strategies. Tel: + 44 (0)20 7743 3000. The Contents are published in good faith but no advice, representation or warranty, express or implied, is made by BlackRock or by any person as to its adequacy, accuracy, completeness, reasonableness or that it is fit for your particular purpose, and it should not be relied on as such. For information or educational purposes only, not for any commercial activity, and does not constitute investment advice or an offer or solicitation to purchase or sells in any securities or any investment strategies. In its recent report One Year On: BlackRock still addicted to fossil fuels , French sustainable finance organization Reclaim Finance details how American financial giant BlackRock’s public declaration to make sustainability its new investing standard has, one year later, yielded only “half-hearted” and “superficial” results. According to new data included in the report, BlackRock already changed its approach to voting shareholder proposals. Please note that you are required to read and accept the terms of our Privacy Policy before you are able to access our websites. The information contained on this website (this “Website”) (including without limitation the information, functions and documents posted herein (together, the “Contents”) is made available for informational purposes only. Kitco News. […] BlackRock's research shows that in the first quarter of 2020, 94% of globally sustainable indices outperformed their parent benchmarks. Breaking News. In the UK and outside the EEA: professional clients (as defined by the Financial Conduct Authority or MiFID Rules) and qualified investors only and should not be relied upon by any other persons. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. Read our update on our 2020 sustainability progress. When BlackRock chief Larry Fink issued his annual corporate missive to chief executives last January, he promised a huge shake-up at the world’s largest asset In the year 2020, two major asset management firms -- Blackrock and State Street Global Advisors (SSGA) -- stressed to corporate management and boards the importance of sustainability disclosure and reporting and urged publicly-traded companies to use the SASB disclosure recommendations in their disclosure efforts. In Latin America, institutional investors and financial intermediaries only (not for public distribution). BlackRock has committed to “place sustainability at the center of [its] investment approach.” Although BlackRock cannot divest of companies in its … We heard from 425 investors in 27 countries representing as estimated U.S. $25 trillion in assets under management. “BlackRock is calling for convergence of the different private-sector reporting frameworks and standards to establish a globally recognised and adopted approach to sustainability reporting,” the $7.8tn New York-headquartered group said on 29 October. This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. BlackRock has identified 244 companies that were making “insufficient progress” on tackling climate change risks - and many of them are now "on watch." From purpose to prosperity Our purpose is to help more and more people experience financial well-being. For Other APAC Countries, Institutional Investors only (or professional/sophisticated /qualified investors, as such term may apply in local jurisdictions). When BlackRock chief Larry Fink issued his annual corporate missive to chief executives last January, he promised a huge shake-up at the world’s largest asset Financial News | BlackRock’s sustainability ‘report card’ one year from Fink’s annual letter - Stocksmkt BlackRock puts sustainability at the center of investment strategy, expects more transparency in sustainability disclosure Was it the heartbreaking photos of scorched koalas in Australia? If anything, it worsened. BlackRock backs global sustainability reporting standards. With global warming driving a “fundamental reshaping of finance”, Mr Fink said it was time for BlackRock to put sustainability at the heart of how the $8.7tn fund house invests. … Changes in the rates of exchange between currencies may cause the value of investments to diminish or increase. At the beginning of 2020, BlackRock laid a series of steps to make sustainability a key component of our investment approach, driven by an investment conviction that an understanding of sustainability issues is essential to long-term investment performance.In mid-2020, we surveyed our clients to better understand their drivers and challenges to sustainable investing, how the pandemic has affected their implementation, and how innovation can spur adoption. 100, Songren Rd., Xinyi Dist., Taipei City 110, Taiwan. © 2021 BlackRock, Inc. All Rights Reserved. This Website is not intended for and should not be accessed by persons located or resident in any jurisdiction where (by reason of that person's nationality, domicile, residence or otherwise) the publication or availability of this Website is prohibited or contrary to local law or regulation or would subject any BlackRock entity to any registration or licensing requirements in such jurisdiction. Today, BlackRock published our Q3 Global BlackRock Investment Stewardship (BIS) report, which provides insight into the work of our stewardship team over the quarter. Image: Michael Vi/Shutterstock. BlackRock also said it found open-ended funds that rank in the top 10% of Morningstar’s sustainability ratings significantly outperformed the bottom 10%. Thursday October 29, 2020 4:01 am. This Website has not been, and will not be submitted to become, approved/verified by, or registered with, any relevant government authorities under the local laws. All Contents are owned or controlled by BlackRock or the party credited as the provider of the Content. When BlackRock chief Larry Fink issued his annual corporate missive to chief executives last January, he promised a huge shake-up at the world’s largest asset manager. In consideration of health concerns relating to COVID-19, we are holding BlackRock’s 2020 Annual Meeting of Shareholders virtually. The value of investments and the income from them can fall as well as rise and is not guaranteed. BlackRock is a global investment manager and our purpose is to help more and more people experience financial well-being. Past performance is not a guide to future performance. Reuters Wednesday April 22, 2020 08:42. The report summarises the results of a survey of senior representatives of global insurance companies by an external agency on behalf of BlackRock, complemented with a series of online and telephone interviews. In Singapore, public distribution. By. We welcome you to join on May 21, 2020 at 8:00 a.m. EDT at This report, part of our commitment to transparency in our investment stewardship activities, complements our July report, Our approach to sustainability. No information on this Website constitutes business, financial, investment, trading, tax, legal, regulatory, accounting or any other advice. In Taiwan, Professional Investors. All other trademarks are those of their respective owners. 2020 Proxy Statement The support is timely. We’re taking action to contribute to a more equitable, financially resilient future for all. by Gavin Hinks on October 30, 2020 The fund manager says investors and corporates need common and comparable data, amid IFRS consultation on global sustainability reporting. 2019. Note: All results included in this report are from BlackRock’s Global Client Sustainable Investing Survey, unless otherwise noted. With global warming driving a “fundamental reshaping of finance”, Mr Fink said it was time for BlackRock to put sustainability at the heart of how the $8.7tn fund house invests. In the UK and inside the EEA: Issued by BlackRock Investment Management (UK) Limited, authorize and regulated by the Financial Conduct Authority. In South Korea, this is issued by BlackRock Investment Management (Korea) Limited. Please refer to the Financial Conduct Authority website for a list of authorize activities conducted by BlackRock. 2020. Investing involves risks. BlackRock CEO says the climate crisis is about to trigger 'a fundamental reshaping of finance' Published Tue, Jan 14 2020 5:01 AM EST Updated Tue, Jan 14 2020 … BlackRock also said it found open-ended funds that rank in the top 10% of Morningstar’s sustainability ratings significantly outperformed the bottom 10%. In Canada: public distribution. As a fiduciary to investors and a leading provider of financial technology, our clients turn to us for the solutions they need when planning for their most important goals. BlackRock, the world’s biggest fund manager, has put its shoulder behind the creation of a single set of global sustainability reporting standards. Who we are. Pledged shake-up delivers improved grades but asset manager could do better. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. The survey was conducted through a combination of an online survey and telephone interviews, conducted by our research partner Illuminas. In DIFC: 'Professional Clients’ and no other person should rely upon the information contained within it. Share this article: BOSTON (Reuters) - Top asset manager BlackRock Inc, which has vowed to put more focus on climate issues, said that companies might give a lower priority to sustainability reports as they struggle with the COVID-19 pandemic. They are not intended to be a forecast of future events or a guarantee of future results. BlackRock’s sustainability ‘report card’ one year from Fink’s annual letter . You acknowledge that certain information contained in this Website supplied by third parties may be incorrect or incomplete, and such information is provided on an "AS IS" basis. The Contents have been prepared without regard to the investment objectives, financial situation, or means of any person or entity, and the Website is not soliciting any action based upon them. BlackRock, the world’s largest asset manager, has called for the creation of a single global sustainability standard, claiming existing frameworks are making it difficult to compare companies and leading to confusion for investors. When BlackRock chief Larry Fink issued his annual corporate missive to chief executives last January, he promised a huge shake-up at the world’s largest asset . 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