Tag: Blackrock
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.
Experts clash over ESG investment ‘agenda’
US professor slates PRI for ‘undue influence’ on the financial markets, while PRI maintains the need to inform investors on ESG.
The rise of corporate democracy
After BlackRock’s move to expand voting choice to its clients, other investors will rightly be expecting their companies to follow suit.
BlackRock defends its ESG position
The fund manager has responded to accusations from the attorney generals of 18 US states, who say BlackRock is not ‘neutral’ about energy.
News round-up: this week in governance
ICAEW asks Liz Truss to progress audit reform; FRC to leave London; reporting earnings per share correctly; ESG committees gain ground.
News round-up: this week in governance
FRC’s record audit fines; ‘absolutist’ views on ESG; BlackRock votes for fewer E&S resolutions; climate reporting; narcissistic CEOs.
BlackRock expands voting choice in response to investor demand
Voting will now be available to clients representing 47% of index equity assets globally, including 650 funds based in the US and UK.
BlackRock CEO: War ends globalisation, but we’ll still get to net zero
Larry Fink’s annual letter warns of strategic challenges ahead, but says recent events will “accelerate the shift” to renewable energies.
BlackRock CEO letter: stakeholderism ‘is not woke’, it’s capitalism
Larry Fink declares stakeholder governance is not an “ideological agenda” but “capitalism, driven by mutually beneficial relationships”.
News round-up: this week in governance
Tim Martin hits out at Fidelity; Disney appoints its first female chair; the LSE fines Sensyne Health; fund managers may not save the planet.