expenses. In addition, both POLAR executives have been barred from holding the director position at any issuing or securities company for 10 years each.  Apart from the civil sanction, the SEC is questioning

introduce any customers to the company. The auditor merely examined the contract and supporting documents without questioning why the payments were made for unperformed services. 25 In de pe nd en t Au di t

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 ...........................................................