Tag: Blackrock
News round-up: this week in governance
Breaking things vs fixing things; BlackRock and proxy voting; THG governance changes; warning over “tricky” TCFD scenarios.
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.
US firms ask SEC to introduce global standards on climate reporting
Major US companies including Apple and BlackRock want to see the TCFD framework and global standards integrated into US reporting rules.
Boardroom coup at ExxonMobil is a global governance earthquake
A tiny activist hedge fund’s success in reshaping the board at ExxonMobil is the most important corporate governance development in decades.
Taming the tiger: how investors are tackling inflation in executive pay
Solutions to market failures usually involve government action. But on the issue of CEO earnings, investors are taking the tiger by its tail.
Annual BlackRock CEO letter focuses on climate and diversity
Larry Fink calls on firms to publish their strategies to support a net zero economy and “improve diversity, equity and inclusion”.
Shareholder pressure gets women directors on US boards
Study reveals that recent campaigns by BlackRock, State Street and Vanguard have significantly increased the number of women on US boards.
BlackRock backs global sustainability reporting standards
The fund manager says investors and corporates need common and comparable data, amid IFRS consultation on global sustainability reporting.
BlackRock CEO letter issues warning on sustainability disclosures
Larry Fink says BlackRock will be “increasingly disposed to vote against management and board directors” who do not show progress on sustainability.
Heartache to headache: why workplace relationships are a problem
McDonald’s and BlackRock have both parted ways with senior executives after workplace relationships came to light. So what are the risks of an office romance?