BlackRock to target companies on governance despite coronavirus

March 22, 2020 EcoVadis ‏‏‎


BlackRock has pledged to punish the directors of companies that are failing to meet the $7.4tn investment powerhouse’s expectations on issues from executive pay to managing environmental risk in 2020, even as businesses globally grapple with the fallout of coronavirus.


As part of BlackRock boss Larry Fink’s plans to put sustainability at the heart of its investment process, the world’s largest asset manager set out five areas of focus for its stewardship team in 2020. These include board quality and ensuring executive pay promotes long-termism.



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EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 198 purchasing categories and 155 countries.

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