BlackRock and Vanguard have opposed over 80% of climate-related shareholder motions at fossil fuel companies between 2015 and 2019
Asset manager voting on climate change related shareholder motions, 2015-2019
Opposed or abstained
For
0%
25
50
75
100
Capital Group 92% opposed or abstained
Franklin Resources 88
Vanguard Group 84
BlackRock 82
Invesco 79
Bank of New York Mellon Corp 77
Geode Capital Management 76
JPMorgan Chase & Co 75
Price T Rowe Associates 70
Fidelity Investments 68
Wellington Management Group 63
State Street Corp 51
Legal & General 24
Northern Trust Corp 22
Norges Bank 17