TOKYO -- Shareholder support in the U.S. for environmental, social and governance proposals has dropped as demands for corporate action grow more divisive, with critics pointing to politicization of the ESG investment concept.
BlackRock CEO says the word has become 'entirely weaponized'
Shareholder backing for environmental proposals has fallen at U.S. companies this year. © Reuters
TOKYO -- Shareholder support in the U.S. for environmental, social and governance proposals has dropped as demands for corporate action grow more divisive, with critics pointing to politicization of the ESG investment concept.