BlackRock Backed Fewer Climate-Related Shareholder Proposals in 2022

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BlackRock supported fewer climate-related shareholder proposals this 12 months.

In a report launched Tuesday, the asset supervisor mentioned it voted in favor of 24% of environmental and social shareholder proposals on this 12 months’s proxy-voting season, down from 43% final 12 months. The agency mentioned the decline was partly due to a crop of “more prescriptive” shareholder proposals.

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