Further to our recent report: “BlackRock Releases Updated Voting Guidelines & Stewardship Expectations,” Cooley’s memo highlights noteworthy changes from the prior season (a redline of the changes, courtesy of the Society’s engagement with Proxy Analytics, is here), including reinforced emphasis of financial materiality, elimination of diversity nomenclature, less prescriptive human capital disclosure expectations, and the addition of an express approach toward perks and associated disclosure.
Corporate issuers who are members of the Society can request a complimentary copy of Proxy Analytics’ memo summarizing BlackRock's recently released updated stewardship commentaries and proxy voting guidelines via this email address.