BlackRock voting report reveals focus on independence and diversity
The fund manager voted against the reappointment of 6,560 directors around the world between the beginning of July 2020 and end of June 2021.
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When it comes to voting against board directors, BlackRock, the world’s largest fund manager, is most exercised by their lack of independence.
The conclusion comes in the investment manager’s voting report covering more than 165,000 management and shareholder proposals across 71 public markets.
In total, BlackRock voted against the reappointment of 6,560 directors around the world between the beginning of July 2020 and end of June 2021.
The top reason was independence, or rather BlackRock’s view that directors lacked this key quality. Second was a lack of diversity—a central part of the fund manager’s aims and objectives fo
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