Bloomberg Tax
July 23, 2020, 8:52 PM UTC

BlackRock: Covid, Racial Injustice Boost Case for ESG Reporting

Nicola M. White
Nicola M. White
Reporter

The coronavirus pandemic and protests about racial injustice strengthen the case for companies to report information that goes beyond profits and losses, BlackRock’s head of investment stewardship for the Americas said Thursday.

Investors increasingly are calling on companies to disclose consistent details about their environmental, social, and governance, or ESG, positions, and now the calls are more urgent, BlackRock’s Ray Cameron said at an American Institute of CPAs virtual conference.

“We’re looking for alignment in terms of how the executive team is being compensated and how that compares with how the company has treated its employees during ...

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