BlackRock to target directors at climate laggards, stewardship report claims
Investment behemoth puts 191 firms “on watch”, warning of votes against directors in 2021 without “significant progress” on climate risks
BlackRock, the world’s largest asset manager, has put directors at 191 of the world’s most carbon-intensive firms “on watch” and said it will vote against them in 2021 “unless they demonstrate significant progress on the management and reporting of climate-related risk”.
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