'Less supportable': BlackRock pairs back support for US shareholder climate proposals

Cecilia Keating
clock • 4 min read
BlackRock is estimated to manage around $9.6tr in assets worldwide
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BlackRock is estimated to manage around $9.6tr in assets worldwide

World’s largest asset manager says climate-related and social shareholder proposals are becoming too prescriptive at US firms

BlackRock's support for shareholder environmental and social proposals has fallen significantly in the US, with the world's largest asset manager voting in favour of less than a quarter of proposals over...

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