BlackRock Stewardship Expectations Must Address Indigenous Consultation And Forest Protection

BlackRock released its 2021 Stewardship Expectations, giving a window into what we can expect the world’s largest money manager to say and do on climate in the year ahead. Read More

African Peoples Tribunal to Dismantle Power of Industrial Plantation Corporations, Building People Power

Affected communities and civil society will bring testimonies on cases of human rights violations and environmental degradation connected with monoculture tree plantations expansion from ten countries across Africa. Read More

Ferguson, up for Treasury Secretary, leaves a legacy of misleading claims to social responsibility

As Wall Street executive Roger Ferguson Jr. is shortlisted for Secretary of the Treasury under President-elect Joe Biden’s new administration, new analysis reveals that his Fortune 100 finance firm TIAA has a reckless and irresponsible history of farmland investment. Read More

P&G investors challenge CEO over forest destruction concerns at company’s annual meeting

Procter & Gamble’s shareholders that defied the company’s own recommendations, two-thirds of Procter & Gamble (P&G) shareholders voted “yes” at the company’s annual meeting on Tuesday, October 13, to pass a proposal on forest sourcing and impacts. Read More

Largest US Investors Undermine Efforts to Halt Rainforest Destruction, new report finds

As rainforests across the tropics face another year of devastating fires, a new report from Friends of the Earth shows that largest U.S. asset managers, BlackRock, State Street and Vanguard – known as the Big Three – have explicitly undermined efforts by consumer brands and agribusiness companies to halt deforestation. Read More

BlackRock falls short on 2020 climate votes

New York, NY – Today, BlackRock released a new investment stewardship report. In the report the world’s largest asset manager detailed how it voted during the 2020 shareholder season which was the first big test of the climate commitments it made in January… Read More

Forest advocates present asset managers with essential principles for forest and human rights protections

Today, long-time advocates for the protection of earth’s remaining tropical forest lands and the people, including Indigenous communities who live in them, presented a set of essential principles asset managers must follow if they are to claim they are taking into account the survival of forests and human rights. Read More

Activists protest BlackRock’s ‘hot air’ on climate change

In a series of demonstrations after BlackRock’s annual shareholder meeting today, activists in New York City, San Francisco, and London staged socially distanced protests to criticize the financial giant’s failure to live up to its rhetoric on climate change. Read More

Golden Veroleum Liberia Lays Off Workers, Endangers Communities, Highlighting Failure of Industrial Plantation Model

Golden Veroleum Liberia (GVL), a palm oil company operating in Liberia since 2012, announced recently that it is laying off 440 workers – about a tenth of its workforce – due to unsustainable losses and the falling price of palm oil. Read More

Groups call on Harvard University to stop land grabs as new report exposes harm done to communities in Brazil

Rural communities in Brazil are suffering from food shortages, chemical pollution and violent human rights abuses because of large land deals made by Harvard University in the years following the 2008 financial crisis. Read More