Skip to main content
Resolutions on environmental risks see sharp decrease in support from asset managers, report finds

ASSET managers gave record-low backing to proposals at shareholder meetings addressing environmental and human rights risks, new analysis finds today

ShareAction, a charity which campaigns for responsible investment, found that only 1.4 per cent of such resolutions received majority support, a sharp decrease from 21 per cent in 2021.

Researchers said that in 2024, four of the largest asset managers — BlackRock, Fidelity Investments, State Street Global Advisors and Vanguard — voted against shareholder proposals aimed at protecting human rights and the environment.

Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Britain / 27 April 2025
27 April 2025
Conservative party leader Kemi Badenoch speaking to staff during a visit to Exel Technology in Mansfield, whilst on the local election campaign trail, April 24, 2025
Tory Party / 28 April 2025
28 April 2025

“At local level, it’s different."

Britain / 27 April 2025
27 April 2025
Similar stories
PAWNING BRITAIN: Prime Minister Sir Keir Starmer with Black
Features / 3 December 2024
3 December 2024
Keir Starmer’s BlackRock enthusiasm is a clear give-away for Tory continuity plans, argues CLAUDIA WEBBE
CORPORATE OVERLORDS: Keir Starmer and Rachel Reeves host an
Features / 3 December 2024
3 December 2024
The left must call out the fact that BlackRock and private billionaires have merged with the state apparatus as our leaders abandon any pretence of there being a ‘free market’ for direct and overt corporate control, writes JOE GILL