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BlackRock adds new proxy advisory firm amid ESG criticism as critics say ‘too little, too late’

June 11, 2024

BlackRock announced Tuesday that it is partnering with a third proxy advisory firm to give its clients a wider range of investment counsel as critics suggested the mammoth asset manager is trying to make up for allegations that it leans into ESG (environmental, social, governance) tenets more than its fiduciary responsibilities merit. In a release obtained by Fox News Digital on Monday, BlackRock officials said the firm remains...

FEATURED POST

A court of Inquiry is being ordered to ascertain the cause of the crash.

Faced with more immediate funding needs, state officials haven’t asked for more money for rehabilitation programs, such as STRIVE, next budget cycle.