London/Boston — BlackRock on Thursday said it would more than double the number of companies it engages with over climate-related issues to more than 1,000 and laid out stronger goals on other fronts for portfolio firms ahead of the upcoming shareholder meeting season.

BlackRock, the world’s biggest asset manager with about $7.8-trillion in assets, said its enhanced target list would cover 90% of the greenhouse gas emissions linked to the operations of the companies its clients invest in, globally...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.