BlackRock Keenly Focused on Portfolio Company "People" Practices

By Randi Morrison posted 07-06-2020 09:25 PM

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In connection with updating stakeholders on its commendable racial equity & inclusion initiatives, Blackrock noted it will be "refreshing" its expectations of portfolio companies' human capital management and oversight and other sustainable social practices this fall in connection of its evaluation of companies' COVID-19 responses and associated racial equality issues. The publicly published memo to employees also notes that BlackRock will continue to emphasize the importance of board diversity inclusive of gender, race, ethnicity, and professional experience.

This post first appeared in the weekly Society Alert!

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