Empowering shareholders to hold corporations accountable to high standards of corporate governance, social responsibility, and long-term value creation.
As the climate crisis grows, major asset managers are increasingly polarized. While some asset managers are taking bold action, the largest asset managers are failing to mitigate climate risk—jeopardizing their clients’ portfolios. https://t.co/1dQipJhagt
"Following the hottest year on record in 2023 ... the world's largest asset managers reneging on their commitments to CA100+ is clear backsliding on climate risk, exactly when investors need to raise their ambition" - Eli Kasargod-Staub, Majority Action
https://t.co/dtms9eHZob
"Eli Kasargod-Staub, the executive director of Majority Action, a nonprofit in Washington focused on responsible investing .... called BlackRock’s move 'heinous risk mismanagement' that shows it views climate action as 'optional window-dressing.'"
This week JPMorgan Asset Management and State Street Global Advisors announced they're leaving the world’s largest investor group formed to fight climate change. Could this be a sign that money managers are growing fearful of anti-ESG backlash? https://t.co/mGu1oxZaHD
Racial inequity, attacks on workers rights and inaction on climate change are a fundamental aspect of institutional investors' fiduciary duty. Check out our blog post on@TakeOnWallSt!
This is a great op-ed that places more responsibility on shareholders for enforcing sustainable climate goals. The conclusion says it all: "Big Oil needs to change, or Paris will fail. That’s a decision for shareholders."
https://t.co/rQTl1IvJVP
@RI_News_Alert noted our efforts to hold @StateStreet accountable for its commitment to advancing sustainable climate through proxy voting. https://t.co/4k5X0y0Z6F
Chevron's ($CVX) "racial equity audit" fails to satisfy shareholders' request both in terms of content and process. Not only were the co's impacts on communities of color not assessed, relevant stakeholder voices were not consulted in its development. https://t.co/FWVBmcO8v2
TOMORROW: Join us and @ICCRonline for “Becoming an Active Client: New Tools for Asset Owners on Managers’ Proxy Voting and Analyzing State Street’s Major Step Backwards on Climate," @ 11 a.m. EST. https://t.co/vihVdGGgbu
ICCR has built a set of easy-to-use letters that institutional investors can send to their relationship managers and top management at major asset management firms. If you're ready to take a more active role in engaging your asset manager, register and join us 👇
Join us and @ICCRonline for “Becoming an Active Client: New Tools for Asset Owners on Managers’ Proxy Voting and Analyzing State Street’s Major Step Backwards on Climate," on Tuesday, May 9 @ 11 a.m. EST. https://t.co/Ny5RfHHtlK
THIS WEEK: Join Majority Action + others for a webinar on corporate accountability at @jpmorgan. It's time to phase out financing for fossil fuel expansion. #ClimateJustice#PeopleVsFossilFuels Learn more on Wednesday, May 3, 9am PT/12pm ET. Register: https://t.co/FA88WylsDP
Join Majority Action other advocates for a webinar on corporate accountability at @jpmorgan. It's time to phase out financing for fossil fuel expansion. #ClimateJustice#PeopleVsFossilFuels Learn more on Wednesday, May 3, 9am PT/12pm ET. Register: https://t.co/FA88WylsDP
I'm watching today as shareholders vote on resolutions demanding that @Citi, @WellsFargo, and @BankofAmerica set stronger climate targets and stop financing fossil fuels.
Not meeting these commitments puts our planet and financial system at huge risk.
https://t.co/1b3Ne16nae
Is DTE Energy's political spending in opposition to its own policies? Please join a webinar hosted by the Defend Black Voters Coalition on Tuesday, April 25 from 2-3 PM ET. Sign up here: https://t.co/myuCoECBAA
Financial institutions should consider all risks to investments, including the systemic risk of climate change.
@Vanguard_Group's response to climate risk can't go unchecked.
I urge their clients to raise concerns, like NYC is doing w/our fund managers.
https://t.co/kD7x2cqz2W
Proxy voting in alignment with 1.5°C pathways is the only responsible approach to asset management in the era of the climate crisis. Your asset managers owe it to you to protect your portfolio and our planet.
https://t.co/1dQipJhagt
As the climate crisis grows, major asset managers are increasingly polarized. While some asset managers are taking bold action, the largest asset managers are failing to mitigate climate risk—jeopardizing their clients’ portfolios. https://t.co/1dQipJhagt