Tag: Blackrock
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.
Say-on-climate voting is on the up, but investor support falls
US shareholders tend to approve companies’ climate plans, while support is waning among European shareholders, finds study.
News round-up: this week in governance
CofE cites ‘disconnect’ in top pay; do purpose statements work?; banks and their governance mentions; Big Three fund managers ‘deferential’.
News round-up: this week in governance
Bluebell Capital targets BlackRock’s Fink; EY boasts of audit independence; firms ‘face higher audit costs’; when the CFO sounds like the CEO.
US moves to link ESG and executive pay
Wall Street trend is to tie reward to ESG performance, especially in terms of diversity, equity and inclusion, finds research.
BlackRock to test shareholder democracy in the UK
Chief executive Larry Fink seeks ‘to translate individual investor views into voting instructions’ for the first time.
Investors call for sustainability standards to take in ‘double materiality’
Asset managers want the ISSB to include proposals for companies to report their impact on the environment.
News round-up: this week in governance
Decarbonising ‘brown’ industries; funds pulled from BlackRock; the legitimacy of dual class shares; investors slow to address sustainability.