Publicação
From talk to power: Blockrock's ESG discourse and regulatory engagement in the EU and US
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | |
| dc.contributor.advisor | Cota, Marta | |
| dc.contributor.author | Matos, Marta Isabel Durão | |
| dc.date.accessioned | 2026-05-20T14:24:19Z | |
| dc.date.available | 2026-05-20T14:24:19Z | |
| dc.date.issued | 2026-01-23 | |
| dc.date.submitted | 2026-01-23 | |
| dc.description.abstract | This thesis examines whether BlackRock’s sustainability claims are reflected in its firm level practices and environmental characteristics of its investment products. Combining qualitative analysis with fund-level OLS regressions, we assess BlackRock’s regulatory lobbying and rhetorical positioning, voting behaviour, emissions trajectory, ESG controversies, and relative industry position, and test whether sustainability-labelled ETFs differ from conventional funds in carbon intensity and controversies exposure. The findings reveal limited decarbonization progress, weak differentiation between sustainable and non-sustainable products, and declining support for environmental and social proposals, indicating a structural misalignment between BlackRock’s sustainability rhetoric and measurable performance, shaped by political pressures and reputational risk management. | eng |
| dc.identifier.tid | 204241286 | |
| dc.identifier.uri | http://hdl.handle.net/10362/203247 | |
| dc.language.iso | eng | |
| dc.relation | UID/00124/2025 | |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | |
| dc.subject | BlackRock | |
| dc.subject | ESG | |
| dc.subject | Sustainability | |
| dc.subject | Institutional investors | |
| dc.subject | United Nations principles for Responsible investment (UN PRI) | |
| dc.subject | Talk-power framework | |
| dc.subject | Lobbying | |
| dc.subject | Strategic ambiguity | |
| dc.subject | Voting | |
| dc.subject | Stewardship | |
| dc.subject | Greenhouse gas emissions | |
| dc.subject | ESG controversies | |
| dc.subject | OLS regression | |
| dc.subject | Impact investing | |
| dc.title | From talk to power: Blockrock's ESG discourse and regulatory engagement in the EU and US | eng |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master’s Degree in Finance from the Nova School of Business and Economics |