In response to the news that Vanguard has hired Salim Ramji as its next CEO, members of the Vanguard S.O.S. campaign, which consists of civil society organizations focused on climate risk and responsible investing, released the following statements:
New York - Today, BlackRock held its annual general meeting (AGM), where shareholders voted on the election or reelection of members to the Board and investor proposals, including on reviewing the company’s climate-related proxy voting record.
New York, NY — Released today, the 15th annual Banking on Climate Chaos (BOCC) report employs a new, expanded data set that credits each bank making financial contributions to a deal instead of only crediting banks in leading roles.
New York, NY — Released today, the 15th annual Banking on Climate Chaos (BOCC) report employs a new, expanded data set that credits each bank making financial contributions to a deal instead of only crediting banks in leading roles.
LOS ANGELES, CA – An unprecedented coalition that includes unions representing a majority of current workers invested in CalPERS, the second largest union representing CalSTRS members and leading environmental groups in California are calling on CalPERS and CalSTRS, the two largest public pension funds in California, to hold ExxonMobil accountable following the company’s lawsuit against shareholders.
Today, New York City Comptroller Brad Lander announced that the New York City Employees' Retirement System (NYCERS) will use its shareholder power to vote against Amin Nasser, CEO of Saudi Aramco, for a seat on the board of BlackRock, and is urging other shareholders to do so as well.
Today, two major U.S. banks, Citigroup and Wells Fargo, held their annual general meetings (AGMs), where shareholders voted on investor proposals calling for greater transparency on human rights policies and climate-related political lobbying.
NEW YORK – Today, two major U.S. banks, Bank of America and Goldman Sachs, held their Annual General Meetings (AGMs), where shareholders voted on several investor proposals calling for stronger transparency on energy financing and other climate-related issues.
Each April and May, many major corporations hold their annual general meetings (AGMs), which are an opportunity for shareholders to vote for or against board members, and on resolutions about sustainability concerns and other critical issues.
New York, NY – After successful shareholder engagements, New York City Comptroller Brad Lander and trustees of the New York City Employees’ Retirement System, Teachers’ Retirement System, and Board of Education Retirement System (the Pension Systems) have reached agreements with JPMorgan Chase, Citi, and the Royal Bank of Canada that the banks will regularly disclose their ratio of clean energy supply financing to fossil fuel extraction financing (Energy Supply Ratio) and their underlying methodology.
NEW YORK – Today, Citi published its latest annual climate-related disclosures report, which reveals for the first time how it is assessing the transition plans of high-emitting clients, and reports the emissions resulting from its capital markets underwriting activities in high-emitting sectors.
Today, BlackRock released CEO Larry Fink’s annual chairman’s letter. Two central themes of the letter are on helping Americans save for retirement and the important role that capital markets play both in retirement savings and economic development.
In response, Jessye Waxman, Senior Campaign Strategist in the Sierra Club Fossil-Free Finance campaign said: