Environmental, social and governance (ESG) investment standards are a hot topic among Republican lawmakers across the U.S. who see it as a political move to force a progressive agenda.
Democrats, on the other hand, see it as a smart investing strategy.
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The world’s largest asset manager, BlackRock, responded to more than a dozen Republican attorneys general explaining its approach to environmental, social and corporate governance (ESG) investing after the attorneys general alleged that the company is violating its fiduciary duties, according to a company letter.
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Apple chief executive Tim Cook made nearly $100 million in compensation in the company’s fiscal year, according to SEC filings published Thursday.
SEC filings show that Cook took home $98.73 million in the 2021 fiscal year, more than 500% more than the previous year’s $14.8 million, The Wall Street Journal reported.
Cook’s $3 million base salary remained stable in 2021, but he received a $12 million bonus for hitting Apple’s financial and environmental sustainability goals, $1.39 million in other compensation and $82.35 million in stock awards.
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