“Blackrock faces a tough task turning around its reputation for climate inaction as chief executive Larry Fink promises the asset manager will take a tougher line with companies over climate change. The asset manager has been slammed over the last year for its communications on climate change being out of whack with its track record of voting in favour of company management over climate action.”Portfolio Adviser
January 16, 2020
“In December, a group of nuns accused Blackrock of greenwashing.”
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Reputation risk is the peril of economic or political damage from the behaviors of angry disappointed stakeholders.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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