or person who may have conflicts of interest that may impede the exercise of independent judgment, and any relationship that causes the inability to freely give comments on the operation of the

business relationship with the securities company, parent company, subsidiary company, affiliate company or person who may have conflicts of interest that may impede the exercise of independent judgment, and

may have conflicts of interest that may impede the exercise of independent judgment, and not have any characteristic that causes the inability to freely give comments on the operation of the derivatives

of fixed effects may influence the results. I therefore add industry fixed effects. 16 Third, unlike Barth et al. (1999), I cluster standard errors by firm and year in order to mitigate the effects of

impede the proceeding of the SEC Office; (6) record or any other past demeanor which indicates inappropriateness to be a personnel in the capital market business or director of the derivatives exchange or

• Mike Cao, Shanghai Mu Yi Investment Advisors Ltd Climate Bonds Standard Bioenergy Criteria - Criteria Document 20 July 2020 • Monica Reid, Kestrel Consulting • Nikos Ntavos, Cluster of Bioenergy

would impede the ability of these individuals to perform their required business activities for the issuer. For example, this could include whether any of the issuer’s directors also serve as directors

impede the proceeding of the SEC Office, for instance, providing fact or evidence which is beneficial to the consideration or undertaking of the SEC Office, concealing or destroying 15 relevant evidence or

repetition of such similar facts or demeanors; (5) other demeanors of the person under deliberation which benefit or impede the proceeding of the SEC Office; (6) record or any other past demeanor which

Investor Strategies for Incorporating ESG Considerations into Corporate Interactions www.blackrock.com www.ceres.org Century21st Engagement Investor Strategies for Incorporating ESG Considerations into Corporate Interactions [ 5 ] FOREWORD The Value of Our Voice ......................................................................................................................................... 1 How ESG Megatrends Are Shaping Valuation ...........................................................