Published by MajorityAction
The four largest asset managers' proxy voting policies are partially aligned with mitigating the systemic risk of racial inequity, but also show troubling gaps regarding key racial equity issues, a new analysis from MajorityAction shows.
"Racial Equity & Stewardship: How the Largest Asset Managers Stack Up" sets out standards for proxy voting policies regarding key topics with clear racial equity impacts, and benchmarks BlackRock, Fidelity, State Street, and Vanguard against those expectations.