At BlackRock we frame our corporate governance program, including the treatment of social, ethical and environmental issues, within an investment context. We believe that a sound corporate governance framework promotes strong leadership by boards of directors and good management practices, contributing to the long-term success of companies and better risk-adjusted returns for our clients.
Through engagement and proxy voting, BlackRock communicates with companies about our philosophy and approach to investment and corporate governance. The way we vote on behalf of clients reflects our published policies and outcome of engagements. Our Corporate Governance and Responsible Investment team (CGRI) also partners closely with BlackRock portfolio managers to factor environmental, social and corporate governance (ESG) considerations into their investment analysis.
Just as we seek transparency in the companies in which we invest, as a responsible investor, we're committed to transparency around our views and activities related to corporate governance and responsible investment. We publish our proxy voting guidelines, and reports on our proxy voting activities.
For the most up to date view into BlackRock's Corporate Governance and Responsible Investment teams work, please see our Regional Corporate Governance Quarterly Reports. These provide an overview of the engagement, including proxy voting, and policy work undertaken by the Corporate Governance and Responsible Investment on behalf of our clients.