Tag: Larry Fink
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.
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”.
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”.
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.
BlackRock challenged to provide details of stakeholder pledge
A campaign group has lodged a shareholder resolution demanding BlackRock reports on how it will shift its priorities from “shareholders” to “stakeholders”.
Culture and intangibles top list of engagement concerns
Letters from State Street and BlackRock’s CEO Larry Fink indicate the emphasis investors now place on corporate culture and intangible assets.
Norges Bank declares opposition to combined CEO-chairs
Norway’s $970bn oil investment fund says chair and CEO roles should not be combined but separated. Will it make a difference?
Asset managers devise questions for “purpose-led” companies
A group of asset managers has agreed a set of questions designed to test whether companies are “genuinely” purpose-led.
Sustainable expectations: how the ESG investment agenda is shifting
Investors are placing environmental, social and governance issues at the top of their agendas, and they expect companies to do the same.