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Showing 11 - 20 of 79 results for "BlackRock"

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
For the first time in its quarterly earnings report, BlackRock identified stakeholder pressure on ESG and AI as risk factors that may influence returns. In its earnings release published on Friday, the firm warned that "increasing focus from stakeholders ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... announced ALTÉRRA, a US$30 billion catalytic climate fund focused on scaling climate solutions in emerging economies. With BlackRock, TPG, and Brookfield as partners the fund includes US$5 billion in concessional funding and aims to mobilise of up to ...

BlackRock's Evergreen Infrastructure fund scores US$1bn

ROSE MARY PETRASS  |  TUESDAY, 21 NOV 2023  |  NEWS
BlackRock's core infrastructure equity strategy will invest in energy transition and security, as the open-ended fund makes its first investment to acquire a US commercial and industrial solar and battery platform. With nearly US$1 billion in commitments ...

BlackRock backs world's largest direct air capture plant

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... removes large volumes of CO₂ directly from the atmosphere, which is then stored in geologic formations deep underground. BlackRock signed a definitive agreement through a fund managed by its Diversified Infrastructure business to form a joint venture ...

New NZ gov scraps 2030 emissions goal

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... Finance programme, New Zealand's largest residential power purchase agreement portfolio. In August investment firm Blackrock announced a $2 billion fund to invest in New Zealand clean tech towards 100% renewable electricity generation by 2035. This ...

BlackRock, SGX, and MSCI launch US$426M Singapore climate action ETF

ROSE MARY PETRASS  |  TUESDAY, 19 SEP 2023  |  NEWS
... diverse and sustainable portfolio that aligns with the climate action objectives of investors. The ETF is managed by BlackRock, and has received anchor support from Prudential, one of the largest asset owners in Asia and a member of the Net Zero Asset ...

Australian Ethical crowned most sustainable

ROSE MARY PETRASS  |  WEDNESDAY, 6 SEP 2023  |  NEWS
... or leader ratings have demonstrated consistent commitment to sustainability." The three largest index-fund managers, BlackRock, Vanguard and State Street are restricted with regards to sustainability in part because most of their assets track non-ESG ...

Australian self-directed investors lead world on ESG

ROSE MARY PETRASS  |  TUESDAY, 29 AUG 2023  |  NEWS
... markets provided by IG, the study found the most popular ESG investing products are exchange traded funds provided by Blackrock, Vanguard, and Betashares. Respondents gave three angles on why they considered ESG important from an investment perspective. ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... generation by 2035. The country's energy mix currently consists mainly of hydropower, geothermal power and wind energy. BlackRock's New Zealand Net Zero Fund, which is the first of its kind, will provide New Zealand businesses with access to capital ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... commented. US asset managers are behind their European counterparts, reversing the upwards trend up until 2022, with BlackRock and Vanguard among the worst scores. This comes as the US Republican party recently put forward an anti-ESG manifesto seeking ...