Reuters
BlackRock adds diversity target for U.S. boardrooms
(Reuters) -Top asset manager BlackRock Inc on Tuesday said it wants U.S. companies to aim for a board that is 30% diverse and, for the first time, contains at least one member from an under-represented group. In new guidelines explaining its priorities for 2022 at portfolio companies, posted on its website, the $9.5 trillion asset manager also gave companies new guidance for reporting on climate change. Together, the updates showed the influential New York-based firm taking steps similar to other big asset managers pressing portfolio companies on environmental, social and governance considerations. Earlier this month Goldman Sachs Group Inc said it wants big companies to have at least one director from an under-represented group, citing the growing availability of corporate disclosures showing personal diversity data.
