BlackRock Under Pressure From Activist Shareholders On Mindful Climate-Related Investing

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BlackRock Inc. (NYSE: BLK) came under pressure on climate-related topics on Thursday during its shareholder meeting.

What Happened

CEO Larry Fink and other executives had to defend BlackRock's approach to issues such as proxy voting and corporate governance, reported MarketWatch.

The asset manager has vowed to take a stronger line on the issue of proxy voting as it did earlier this year. BlackRock casts proxy votes at annual meetings of companies and said it would implement tougher policies on topics such as emissions and water pollution.

BlackRock came under fire from the …

Full story available on Benzinga.com

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