Investment Week (August 22)
2024/ 08/ 23 by jd in Global News
“BlackRock’s support for shareholder proposals on environmental and social issues has plummeted to a new low, now representing less than one-tenth of the backing these proposals received in 2021…. The firm only supported 4% (20 out of 593) of proposals put forward by shareholders on climate and natural capital and company impacts on people.” This marked a significant decline from “the 47% high in 2021, at the height of the ESG investing boom.”
Tags: 2021, BlackRock, Climate, Company impacts, ESG, Investing boom, Natural capital, Plummeted, Shareholder proposals, Support
