Direct Lobbying Transparency
Overall Assessment | Comment | Score |
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Comprehensive | BlackRock provides an exceptionally detailed account of its climate-related public-policy engagement. It names three distinct regulatory initiatives it has lobbied on—the UK Financial Conduct Authority’s proposal to extend TCFD requirements to publicly listed issuers, the UK Department for Work and Pensions’ plan for mandatory TCFD reporting by large occupational pension schemes, and the US Securities and Exchange Commission’s consultation on mandatory corporate climate disclosure—offering clear titles and jurisdictions for each measure. BlackRock also describes how it engages, referencing comment letters, consultation responses, and the publication of analytical white papers such as its ViewPoint and Policy Spotlight series, and it identifies the precise policymaking bodies these materials target (UK FCA, UK DWP and the US SEC). Finally, it is explicit about the policy outcomes it seeks: the introduction of mandatory TCFD reporting for all publicly listed companies, extension of the same framework to large pension schemes, and the broader convergence of private-sector reporting standards within a global governance structure to improve the quality of sustainability data. This level of specificity across policies, mechanisms, and desired outcomes demonstrates a high degree of transparency in BlackRock’s climate-policy lobbying disclosures. | 4 |