COVID-19 Won’t Stop BlackRock’s Climate Action

Why still focus on ESG?

Companies performing well on ESG factors have outperformed the rest of the market since the S&P 500 peaked on February 19.

BlackRock motivated to continue climate focus amid pandemic 

“The concept of long-term sustainability would suggest that companies that come through this crisis and do well would be exactly the kinds of companies you would look to as role models.”

ESG disclosures BlackRock expects of 2020 investments

• Disclosures aligning with the standards set by the Sustainability Accounting Standards Board (SASB),
• Published climate-related risks, following guidelines from the Task Force on Climate-related Financial Disclosures (TCFD)
• Plans for operations in a scenario where the Paris Agreement’s goal of limiting global warming to less than 2° Celsius is successful.

Triple Pundit | BlackRock Investors Push for Climate Action During Pandemic