Australian (ASX) Stock Market Forum

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Blackrock have emerged as a 6.4% holder in Neometals.


In an update to the firm’s corporate stewardship expectations for 2021 released [two weeks ago, Blackrock said] it cannot afford to give companies long periods of time to make progress on environmental issues.

[URL unfurl="true"]https://www.afr.com/chanticleer/blackrock-to-back-proposals-from-activist-investors-20201210-p56mgc[/URL]



BlackRock’s more aggressive stance is part of a broader push led by chief executive Larry Fink to treat climate risk as investment risk. Fink’s attitude has been informed by a need to respond to the demands of BlackRock clients for more action on ESG matters.



- it would be fair to say the NMT approach would make the company attractive to these types of investors


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