BlackRock turns up heat on boards as AGM season gets going

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By Vikash in Business
Updated 3 years ago

* Backed three quarters of ESG shareholder resolutions. * Opposed management at least once at 35% of meetings. * Voted against 53 directors, 47 companies over climate. BOSTON/LONDON, May 5 (Reuters) - BlackRock voted against more company directors and backed more shareholder resolutions in the first quarter than a year ago, as the world's biggest asset manager looks to push boards to do more on climate and other sustainability issues.

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