BlackRock Proxy Voting: co-filers welcome

1 member

Summary

The resolution requests that the Board of Directors initiate a review assessing BlackRock’s 2020 proxy voting record and evaluate the Company’s proxy voting policies and guiding criteria related to climate change, including any recommended future changes. Co-filers are welcome. 

Business case

BlackRock’s voting practices appear inconsistent with its statements about climate change to companies. This contradiction poses reputational risk for the company with both clients and investors. Moreover, proxy voting practices that ignore climate change seem to ignore significant company-specific and economy-wide risks associated with negative impacts of climate change.

Collaboration details

Type
Shareholder resolution
Status
Requesting co-filers
ESG theme
  • Environment
  • Governance
Created on
Deadline
Geography
United States
Attachments