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BlackRock Cuts Backing for Climate, Social Shareholder Proposals

BlackRock Inc. reduced its support for shareholder proposals on environmental and social issues for a third straight year, arguing that many of the efforts lacked merit and harmed long-term financial interests while doing little to improve companies.


  • Aug 21 2024
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BlackRock Cuts Backing for Climate, Social Shareholder Proposals
BlackRock Cuts Backing for Climate, Social Shareholder Proposals
(Bloomberg) — BlackRock Inc. reduced its support for shareholder proposals on environmental and social issues for a third straight year, arguing that many of the efforts lacked merit and harmed long-term financial interests while doing little to improve companies. Read More

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