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Hedge Fund and Insider Trading News: Bill Ackman, Jason Mudrick, Ray Dalio, Westbeck Capital Management, Ralph Lauren Corp (RL), Audacy Inc (AUD), and More

Hedge Fund and Insider Trading News: Bill Ackman, Jason Mudrick, Ray Dalio, Westbeck Capital Management, Ralph Lauren Corp (RL), Audacy Inc (AUD), and More
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Peace and Planet: Shareholder Advocacy

BlackRock, the world s largest asset management company, released a statement indicating that it would like companies to implement and disclose their human rights processes to identify, manage, and prevent adverse human rights impacts. Like BlackRock s statement, Northrop Grumman and Lockheed Martin s proposals request that the companies produce a human rights impact assessment report. In contrast, the PNC proposal asks for assessing risks associated with financing the nuclear weapons industry. As a top ten shareholder in all three companies, BlackRock plays an essential role in leveraging its power by voting to support these resolutions. We called on BlackRock to hold themselves accountable and demonstrate their commitment to human rights by voting yes on the resolutions. We generated over 2 thousand emails asking them to do so.

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