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BlackRock, Vanguard block climate motions

Climate protest against BlackRock 2019 from PA 16Jan20 230x150

Three of the biggest asset managers, BlackRock, Vanguard and State Street, are still voting against most shareholder motions on climate change, human rights and other sustainability issues, despite their insistence that they take environmental and social matters seriously. Often their ‘no’ votes are decisive in blocking resolutions — even though most are only asking for better disclosure.

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