BlackRock goes green? Investment giant joins Climate Action 100+ amid controversy

BlackRock became the latest signatory to Climate Action 100+, adding the substantial weight of its $6.8 trillion in assets under management to the investor engagement initiative that works to ensure the world’s largest corporate greenhouse gas emitters take action on climate change.

BlackRock joins 370 global investors already signed up to the scheme, bringing total assets under management by those participating to over $41 billion.

As signatories, investors commit to engaging with companies on a range of climate-related fronts. The group typically has called on firms to take bolder steps

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