Fund managers claim they are pulling back from ESG - need to watch for backdoor approach - The Great Awakening

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Fund managers claim they are pulling back from ESG - need to watch for backdoor approach (www.foxbusiness.com)

posted 1 year ago by spookyjumper 1 year ago by spookyjumper +59 / -0

Vanguard joins BlackRock in rejecting more ESG proposals from shareholders

Mutual fund giant Vanguard reported Monday it has rejected 98% of the environmental and social proposals brought by shareholders this year, joining BlackRock in cutting ESG.

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– winn 6 points 1 year ago +6 / -0

Yep, the name ESG is now toxic (thanks to us) and so they have to fall back and regroup, and sneak out the same stuff under different phrases

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– Pbman2 2 points 1 year ago +2 / -0

I will count it as a win anyways.

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