For July 2019-June 2020, BlackRock reports 16.1% of compensation proposals voted against management globally, not 9% of S&P 500 CEO packages. It reports 2,800 companies with director opposition, not 2,400 companies opposed on ESG issues in 2021.
In our assessment, 15% of the 1,087 ESG shareholder proposals on which we voted this year met these criteria and resulted in our support for such proposals.
For July 2019-June 2020, BlackRock reports 16.1% of compensation proposals voted against management globally, not 9% of S&P 500 CEO packages. It reports 2,800 companies with director opposition, not 2,400 companies opposed on ESG issues in 2021. Full report PDF: https://www.troutman.com/images/content/2/7/274424/BlackRock.Investment.Stewardship.Annual.Report.2020.pdf (16.1 percent and 2,809 companies appear there, not in the forum summary).
