equality
BlackRock to Push Companies on Racial Diversity in 2021
Saijel Kishan
Updated on
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The firm also will press on climate, lobbying-related issues
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Fink has put sustainability at center of investment strategy
BlackRock Inc., the world’s largest asset manager, plans to next year push companies for greater ethnic and gender diversity for their boards and workforces, and says it will vote against directors who fail to act.
The money manager, which oversees more than $7.8 trillion of assets, is asking U.S. companies to disclose the racial, ethnic and gender makeup of their employees -- data known as EEO-1 -- as well as measures they’re taking to advance diversity and inclusion, according to a stewardship report released Thursday.
