Tag: Blackrock
Call to scrap ‘ESG’ as a term
The ESG label is ‘politicised, simplistic and restrictive’ and should be jettisoned, believes senior academic.
Helle Bank Jørgensen on governance, ESG and how board directors can become stewards of the future
In spite of ESG toxicity in the US, she remains optimistic that companies are working on sustainability ’because they know they need to’.
Fink: the term ESG has been ‘weaponised’
But investment giant BlackRock’s chief executive said its focus on long-term investment and corporate governance would continue.
ISS strikes back at ESG critics
The global proxy advisory firm takes to task politicians who would block the use of ESG factors when making investment decisions.
‘Change fiduciary laws’ to end ESG battle in US
Academics suggest a truce between left and right, based on separating political issues from investment decisions.
Solomon Soquar joins BlackRock
The former CEO of Barclays Investments Solutions becomes a non-executive director of BlackRock Sustainable American Income Trust.
Larry Fink puts focus on finance and inflation
Although BlackRock’s CEO does not mention the term ‘ESG’ in his annual letter, he highlights the investment risks posed by climate change.
News round-up: this week in governance
GOP declares SVB ‘woke’; banks slow to sustainability; fund managers accused of dodging voting risks; cross-border mergers and democracies.
Elon Musk weighs in against ISS and Glass Lewis
On Twitter, Musk complains that large proxy advisers hold ‘far too much power’ over shareholder voting decisions.
News round-up: this week in governance
Musk and Edelman trade jibes; communication is key to investor relations; “green hushing” in the US; BlackRock speaks up for sustainability.