Investors slam BlackRock and JPMorgan on climate contradictions

A group of investors are urging industry giants BlackRock and JPMorgan to review their proxy voting records amid concerns they don’t match the firms’ public declarations about climate change. Mercy Investment Services and Boston Trust Walden have written to BlackRock and JPMorgan respectively, expressing disappointment that the companies’ voting practices appear inconsistent with their statements […]

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It’s being quite a few days for corporate governance. First, the unprecedented (at least since our records began in 1996) shock yesterday of Sir John Bond’s ejection as Chair of Glencore Xstrata, whilst in the same week, the PR chicanery currently being played out in the US ahead of JPMorgan’s AGM next week over the question of whether the Chair and Chief Executive […]

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