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BlackRock Voted Against a Record 93% of ESG Shareholder Proposals in 2023 Proxy Season
Pensions & Investments
Aug. 23, 2023 "That 9% of ESG proposals which BlackRock supported this year is down sharply from 2022, when BlackRock's investment stewardship team (BIS) supported 24% of such proposals, and from 2021, when it supported 43%.... BlackRock's support for management proposals, however -- which accounted for more than 99% of the roughly 172,000 proposals voted on by BIS -- remained high at 88%." |
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