by Teddy Ogborn, Global Research:
As the planet’s biggest investor, with $9 trillion in assets under management and an army of tech-savvy analysts trained on the scent of easy money, numbers are BlackRock’s bread and butter. A giant with such an enormous appetite should find room for all kinds of facts and figures – but this one’s a bit of a picky eater.
The BlackRock Annual General Meeting is on May 24th, and resolutions submitted by shareholders will be going to a vote. The board advocates for or against those resolutions in a statement released last month. One resolution they unanimously recommend shareholders vote against is Item 7 – the ‘Impact Report for Climate-Related Human Risks of iShares U.S. Aerospace and Defense Exchange-Traded Fund’ resolution, submitted by CODEPINK.