Investment Stewardship Global Engagement Summary Report
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Investment Stewardship • Global Engagement Summary Report Q1 - Q4 2020 3,501 2,110 758 Total Individual Companies company companies engaged engagements engaged multiple times Engagements by region America : 1,740 Europe, Middle East, and Africa (EMEA) : 801 Asia-Pacific : 960 BlackRock Investment Stewardship (BIS) views engagement as a key mechanism for providing feedback or signaling concerns to companies about factors that affect long-term performance. We define an engagement as a meeting between BIS and a company where meaningful dialogue occurred. The table below summarizes our global company engagement activity from 1 January 2020 to 31 December 2020. The data is broken down by region and sector, and includes the specific topics discussed with each company engaged. We will update this report quarterly to show a rolling year of engagements, providing transparency into the range of topics we discuss with the companies in which we invest on behalf of our clients. Points of note: • Company engagements may cover multiple topics within a single meeting and are focused on our engagement priorities • Sectors are defined by the Global Industry Classification Standard (GICS) sector level one breakdown. GICS is a standardized classification system used to sort business entities by sector and industry groups Americas Engagements Management Board Composition & Effectiveness Composition Board Management Business Oversight/Risk Executive Management Strategy Corporate Structure Governance Remuneration Climate Risk Impact Management Environmental Sustainability Operational Human Capital Management Human Capital Risks Social Opportunities and - - - - - - - - - - - G G G G G G E E E S S Date Last Engagement Company Name Sector Count Engagement Total 1ST UNITED CORP Financials 6 5 0 0 6 5 4 0 0 0 1 0 21-Oct-20 3M CO Industrials 3 0 0 2 2 1 0 2 2 3 1 1 09-Dec-20 ABBOTT LABORATORIES Health Care 1 1 1 0 0 0 1 0 0 1 1 1 02-Apr-20 ABBVIE INC Health Care 2 1 2 0 0 0 2 0 0 1 2 0 19-Oct-20 ACADIA PHARMACEUTICALS INC Health Care 1 1 0 0 0 0 1 0 0 0 0 0 17-Jun-20 ACADIA REALTY TRUST Real Estate 1 1 0 0 1 1 0 0 0 0 0 0 20-Feb-20 Communication ACTIVISION BLIZZARD INC 2 0 1 0 1 0 2 0 1 2 1 2 08-Jun-20 Services ACUITY BRANDS INC. Industrials 1 1 0 0 0 0 0 0 0 0 0 0 07-Jan-20 ADAMS RESOURCES Energy 1 0 0 1 1 0 0 1 0 1 1 0 01-Oct-20 ADTALEM GLOBAL EDUCATION INC Consumer Discretionary 1 1 0 0 0 0 1 0 0 0 1 1 10-Aug-20 ADVANCED ENERGY INDUSTRIES INC Information Technology 2 2 0 0 0 0 0 0 0 0 0 0 05-Oct-20 ADVANCED MICRO DEVICES INC Information Technology 2 0 0 0 0 0 2 0 0 0 1 0 05-May-20 AECOM Industrials 2 2 0 0 0 0 0 1 2 2 0 0 18-Aug-20 Aecon Group Industrials 1 0 0 0 0 0 0 1 0 0 0 0 18-Aug-20 AENZA SAA Industrials 3 3 0 1 2 2 1 1 1 2 1 1 24-Nov-20 AEROJET ROCKETDYNE HOLDINGS INC Industrials 1 1 0 0 1 0 0 1 1 0 0 1 15-Apr-20 AES CORP Utilities 2 0 0 0 1 0 1 2 1 1 1 1 21-Apr-20 AES GENER SA Utilities 1 0 0 0 1 0 0 0 0 0 0 0 05-Mar-20 AES TIETE ENERGIA SA Utilities 1 0 1 0 1 1 0 1 1 1 0 0 20-Apr-20 AFFILIATED MANAGERS GRP INC. Financials 3 0 1 0 2 0 3 2 2 2 1 1 06-Oct-20 AFLAC INC Financials 1 1 1 0 1 0 1 1 1 1 1 1 13-Nov-20 AGCO CORPORATION Industrials 3 1 0 1 1 1 2 3 3 2 0 1 15-Oct-20 AGILENT TECH INC Health Care 1 1 1 0 0 0 0 0 0 1 1 0 08-Oct-20 AGIOS PHARMACEUTICALS INC Health Care 2 2 1 0 0 0 2 0 0 0 1 0 16-Sep-20 AIR LEASE CORPORATION Industrials 1 0 1 0 0 0 0 0 0 1 0 1 25-Feb-20 ALAMOS GOLD INC Materials 1 1 0 1 0 0 1 1 1 1 0 0 06-May-20 ALASKA AIR GRP INC. Industrials 1 0 0 1 1 0 0 1 1 1 1 1 28-Apr-20 ALBEMARLE CORP Materials 1 0 0 0 1 0 0 1 1 1 0 0 20-Oct-20 ALCOA CORP Materials 1 0 0 0 0 0 0 1 1 1 0 0 10-Sep-20 ALEXION PHARMACEUTICALS INC Health Care 4 3 1 0 1 1 0 0 0 1 1 1 03-Sep-20 ALFA SAB DE CV Industrials 1 1 1 1 1 1 1 1 1 1 1 1 24-Aug-20 ALLEGHANY CORP Financials 1 0 1 0 1 1 1 1 1 1 1 1 22-Oct-20 ALLEGHENY TECH INC Materials 1 0 0 0 0 1 0 1 0 0 1 0 16-Nov-20 ALLETE INC. Utilities 1 1 1 1 1 0 0 1 1 1 1 1 24-Nov-20 Page 1 Americas Engagements Management Board Composition & Effectiveness Composition Board Management Business Oversight/Risk Executive Management Strategy Corporate Structure Governance Remuneration Climate Risk Impact Management Environmental Sustainability Operational Human Capital Management Human Capital Risks Social Opportunities and - - - - - - - - - - - G G G G G G E E E S S Date Last Engagement Company Name Sector Count Engagement Total ALLIANT ENERGY CORP Utilities 1 1 1 0 1 0 0 1 1 1 1 0 21-Oct-20 ALLSTATE CORP Financials 3 1 2 0 3 1 2 3 3 3 2 3 04-Nov-20 ALMACENES EXITO SA Consumer Staples 1 1 0 0 0 1 0 0 0 1 0 0 05-Mar-20 ALPEK SAB DE CV Materials 2 2 1 2 2 2 1 2 2 2 2 2 31-Aug-20 Communication ALPHABET INC 3 2 3 0 0 3 1 2 0 1 3 1 10-Dec-20 Services ALSEA SAB DE CV Consumer Discretionary 1 0 1 0 1 0 1 0 0 0 1 0 08-Apr-20 ALTRIA GROUP INC Consumer Staples 5 0 3 0 3 0 4 1 0 2 0 3 10-Nov-20 AMAG PHARMACEUTICALS INC Health Care 3 0 1 0 1 0 2 0 0 0 1 0 21-May-20 AMAZON.COM INC Consumer Discretionary 3 1 3 0 0 1 1 3 1 1 3 2 18-Nov-20 AMBAC FINL GRP Financials 1 0 0 0 1 0 1 0 0 0 0 0 03-Dec-20 Communication AMC NETWORKS INC 1 1 1 0 0 1 1 0 0 0 1 1 10-Jun-20 Services AMER CMPS COMM Real Estate 1 0 1 0 0 0 0 0 0 1 0 0 02-Nov-20 AMEREN CORPORATION Utilities 2 1 1 0 0 0 0 2 1 1 1 0 05-May-20 Communication AMERICA MOVIL SAB DE CV 1 1 1 1 1 1 1 1 1 1 1 0 25-Feb-20 Services AMERICAN AIRLINES GROUP INC Industrials 3 0 1 0 1 1 1 2 1 1 1 0 03-Dec-20 AMERICAN AXLE & MANUFACTURING HOLDINGS INC Consumer Discretionary 1 0 1 0 0 1 0 1 1 1 1 1 09-Apr-20 AMERICAN EAGLE OUTFITTERS INC Consumer Discretionary 1 0 0 0 0 1 1 1 1 1 1 0 05-Feb-20 AMERICAN ELECTRIC POWER COMPANY INC. Utilities 2 1 1 0 1 0 1 2 0 1 0 0 23-Mar-20 AMERICAN EQUTY INVESTMENT LIFE H Financials 1 0 0 1 1 0 0 0 0 0 0 0 20-Nov-20 AMERICAN EXPRESS COMPANY Financials 3 2 1 0 2 1 1 3 3 3 2 2 19-Nov-20 AMERICAN HOMES 4 RENT Real Estate 1 1 0 0 0 1 0 0 0 0 1 0 17-Sep-20 AMERICAN INTERNATIONAL GROUP INC Financials 1 1 0 0 1 1 1 1 1 1 1 1 09-Sep-20 AMERICAN PUBLIC EDUCATION INC Consumer Discretionary 1 1 1 0 0 0 1 1 0 1 0 0 30-Nov-20 AMERICAN WATER WORKS COMPANY INC Utilities 1 1 1 1 1 0 0 1 1 1 1 1 16-Nov-20 AMERICAS CAR-MART INC. Consumer Discretionary 2 2 0 0 0 0 2 0 0 0 1 1 05-Nov-20 AMERIPRISE FINANCIAL INC Financials 2 0 1 0 1 1 1 1 1 1 1 1 18-Nov-20 AMGEN INC Health Care 3 1 1 0 1 0 2 0 0 2 2 0 14-Sep-20 AMICUS THERAPEUTICS INC Health Care 1 1 0 0 0 0 0 0 0 0 0 0 22-May-20 AMNEAL PHARMACEUTICALS INC Health Care 1 1 0 0 0 0 1 0 0 0 0 0 29-Apr-20 AMPHASTAR PHARMACEUTICALS INC Health Care 1 0 1 0 0 0 0 0 0 0 0 0 03-Jun-20 AMPHENOL CORP Information Technology 2 1 0 0 0 0 1 0 0 0 1 0 13-May-20 AMPLIPHI BIOSCIENCES CORP Health Care 1 1 0 0 0 0 0 0 0 0 0 0 28-Jan-20 ANALOG DEVICES INC Information Technology 1 1 0 0 1 0 0 1 0 1 1 0 08-Dec-20 ANI PHARMACEUTICALS INC Health Care 1 1 0 0 0 0 1 0 0 0 0 0 04-Jun-20 Page 2 Americas Engagements Management Board Composition & Effectiveness Composition Board Management Business Oversight/Risk Executive Management Strategy Corporate Structure Governance Remuneration Climate Risk Impact Management Environmental Sustainability Operational Human Capital Management Human Capital Risks Social Opportunities and - - - - - - - - - - - G G G G G G E E E S S Date Last Engagement Company Name Sector Count Engagement Total ANIMA HOLDING SA Consumer Discretionary 1 1 0 0 1 1 0 0 0 0 1 0 22-Apr-20 ANNALY CAPITAL MANAGEMENT INC Financials 1 0 1 0 1 0 0 0 0 0 1 0 11-May-20 APACHE CORP Energy 2 2 2 0 2 0 1 2 2 2 1 2 11-Nov-20 APARTMENT INVEST & MGMT CO Real Estate 2 1 1 0 0 0 1 1 0 0 0 0 27-Oct-20 APOLLO GLOBAL MANAGEMENT INC Financials 2 1 0 0 0 0 1 0 0 0 1 1 13-Nov-20 APPLE INC Information Technology 4 3 0 0 0 0 0 2 1 2 1 1 27-Oct-20 APPLIED MAT INC Information Technology 1 0 1 0 0 0 1 1 0 1 1 0 30-Nov-20 APPLIED OPTOELECTRONICS INC Information Technology 2 2 0 0 0 1 2 1 0 1 0 0 17-Dec-20 ARAMARK Consumer Discretionary 2 2 1 0 2 1 2 2 1 2 2 0 09-Dec-20 ARCA BIOPHARMA INC Health Care 1 1 0 0 0 0 0 0 0 0 0 0 07-Dec-20 ARCA CONTINENTAL SAB DE CV Consumer Staples 1 1 1 1 1 1 1 1 1 1 1 1 21-Mar-20 ARCH CAPITAL GRP LTD.