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Financials, Sector Focus

Top asset managers fail to monitor human rights in their investments, says ShareAction

By Alex Janiaud

May 11, 2023
BlackRock headquarters in New York, US. The asset manager was among the top firms that were criticised by ShareAction (Photo: Michael Nagle/Bloomberg)

Almost two-thirds of the biggest asset managers do not regularly review human rights issues in investments’ supply chains, says non-profit ShareAction, and a fifth only apply social policies to ESG-labelled funds. A review of 77 of the world’s largest asset managers has revealed that the majority “fail to comprehensively protect ...

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