Tag: Blackrock

Female CEOs take on less debt than male CEOs
Women are more risk-averse leaders than men, especially when market competition is high, research suggests.

ESG performance ‘now an integral factor in executive pay’
Research shows US companies with higher revenues focus on ESG factors when determining C-suite incentive plans.

Governance in 2023: a step into the spotlight
In 2023, governance became an issue for us all: ESG is now a loaded term, while the spectre of AI is raising everyone’s game.

News round-up: this week in governance
ClientEarth sends fossil fuel warning; Tennessee sues BlackRock; PwC seeks independent directors; the positive impact of altruistic CEOs.

Railpen backs sustainability reporting standards
The UK pension fund notes in voting guidelines that the ISSB reporting standards IFRS S1 and S2 should be seen as a ‘minimum’.

Sustainability governance is on the rise
But despite greater corporate attention being paid to ESG, directors’ engagement with it is losing momentum, global report finds.

Academics criticise BlackRock gender diversity research
Its methodology came under fire, with some critics also pointing out it was wrong to focus on the business case for investing in women.

News round-up: this week in governance
BlackRock highlights gender diversity benefits; FRC publishes advice on ‘materiality mindsets’; WEF hears that growth takes many forms.

BlackRock Smaller Companies Trust appoints NED
Marketing executive Dunke Afe will join the investment trust’s board as a non-executive director from 1 January 2024.

Call to scrap ‘ESG’ as a term
The ESG label is ‘politicised, simplistic and restrictive’ and should be jettisoned, believes senior academic.