Blackrock fund votes against 255 director due to climate change issues

BlackRock Inc. rejected board directors at companies, including Berkshire Hathaway Inc. and Exxon Mobil Corp. because they failed to act on climate issues.The New York-based asset manager voted against 255 directors in the period ended June 30. It didn’t support the management of 319 companies for climate-related reasons.

This is a major advance in supporting companies that feel compelled to tackle climate change and sustainability and discourage those whore are not willing to. Biomimicry companies are inherently eager to create nature based solutions that addresses these pressing challenges.

Source: Bloomberg Green, 20 de julio de 2021.

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