At BlackRock we define ESG integration to be the practice of incorporating financially material E, S and/or G data or information into our firmwide processes with the objective of enhancing risk- adjusted returns of our clients’ portfolios.

BlackRock earned an A+ Strategy & Governance score, reflecting the strength of our overall sustainable investing and ESG integration programs. The median score for large asset managers was A. BlackRock Investment Stewardship (BIS) earned an A+ for Listed Equity Active Ownership. This stands out from the median score of B for large asset managers.

Sep 4, 2024 · In August, BlackRock cut support for ESG proposals to 4%, down from 47% in 2021, amid pressure from conservative politicians and laws against ESG investing.

The overall MSCI ESG Fund Rating and MSCI ESG Quality Score measure the ability of a fund’s underlying holdings to manage key medium- to long-term risks and opportunities arising from environmental, social and governance issues.

Nov 7, 2024 · BlackRock bought the investment management arm of British bank Barclays (BCS 0.89%), Barclays Global Investor (BGI), in 2009 for $13.5 billion. The transformational transaction created the...

Feb 14, 2024 · BlackRock’s ESG Fund Business Is Soaring Despite Attacks by the GOP. Index funds, European flows help BlackRock build ESG footprint; Industrywide, ESG funds just suffered their worst...

BlackRock merged with Merrill Lynch's Investment Managers division (MLIM) in 2006, [18] [25] halving PNC's ownership and giving Merrill a 49.5% stake in the company. [26] In October 2007, BlackRock acquired the fund-of-funds business of Quellos Capital Management.

Nov 7, 2024 · BlackRock actively promotes ESG principles through its voting rights as a major shareholder, nudging corporations toward responsible practices. This approach appeals to clients who prioritize sustainable growth and has fueled BlackRock’s rapid expansion.

Apr 22, 2022 · On April 18, BlackRock director William E. Ford acquired 2,000 shares of the company’s stock for the average price of US$681.44 per share, with the transaction totalling US$1,362,880. The director now owns 14,915 shares of the company’s stock after the purchase, valued at US$10,163,677.

BlackRock CEO Larry Fink, one of Wall Street’s most vocal advocates for sustainable investing, said the transition to greener energy isn’t a straight line, and the past quarter’s lagging...