Time for company directors to get serious about ESG

A BlackRock unit, BlackRock Institutional Trust Co, is the tenth biggest shareholder in Top Glove, holding 1.07% of its shares.

THE role of independent non-executive directors (INEDs) came to light recently when BlackRock Inc – the world’s biggest asset manager with US$7.81 trillion in assets under management – queried Top Glove Corp Bhd’s handling of a Covid-19 outbreak while voting against the re-election of six independent directors at its recent AGM.

A BlackRock unit, BlackRock Institutional Trust Co, is the tenth biggest shareholder in Top Glove, holding 1.07% of its shares.