BlackRock has blamed the ESG inconsistency on Indonesian palm oil
BlackRock has been accused of inconsistency in its approach to sustainable investment, with Procter & Gamble backing a shareholder protest against the supply of palm oil.
The largest investment group in the world ambitious commitments Environmental, social and governance regulations were introduced in October investor revolt in P&G stretching wood pulp and palm oil supply chain of the stretching consumer goods group He entered Indonesia.
P&G has asked its Singapore supplier Wilmar International to investigate Astra Agro Lesta, a subsidiary of Indonesia’s conglomerate Astra International, an oil company that has accused local farmers of hijacking land among other bad environmental standards.