Significant Progress In ESG Reporting
Despite support for ESG proposals declining this season, companies are making “significant progress” in advancing their ESG reporting, according to BlackRock’s proxy season review. Progress In ESG ReportingQ2 2022 hedge fund letters, conferences and more Issuers "demonstrated marked progress in climate disclosures and targets during the last two years," resulting in the fund manager opposing just 176 directors due to sustainability concerns globally, compared to 254 the previous season, it said. After citing pay for performance misalignment being a major concern last season, BlackRock noted th...